Home prices have skyrocketed over the last few months. The dream of owning a home, which became a possibility for many families is evaporating with an overwhelming demand for homes, which has driven the price up.
But this isn’t a game. It’s people’s dreams and livelihoods.
So, is the current real estate market a reflection, or a warning of what happened in 2008?
I’m one of them, one of those millennials who needed to come into this game of mortgages and real estate and find a way to come out alive. I bought my first condo around September last year, in one of the worst moments in the pandemic- so I had to learn.
Now I’ll save you some headaches and explain it back to you.
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