Babagounj
Strength through joy
During the Carter years home prices were low but mortgage rates were very high, close to 20%.Watch for the domino effects... property and state taxes raised, increasing co pays with health benefits, sky rocketing home valuation and market values, increases on auto and home insurances.
If the markets continue to tank decreased pension and retirement benefits, layoffs and cut backs.. it will be like going back to the Jimmy Carter years...