how much will your house be worth next year?þ, page-18

  1. 1,088 Posts.
    the question is when does inflation kick in and by how much will houses rise with an inflation rate of 5-7 %

    interest rates at 8%+ because banks will pass the cost in full.

    if prices go 10% higher then FHB will need a minimum of 50K to qualify for a loan without mortgage insurance + stamp duty costs. Say 70K

    and if they have no deposit then they most likely won't qualify for a loan on a good interest rate

    then taxes will rise

    It's all to hard to predict, but the system will somehow engineer a way out of it to keep the bubble from popping

 
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