Mortgage rates hit close to 7% today

[Depick]

I have been contemplating buying a multifamily home the last few years but with all the horror stories of the eviction moratorium, insane housing prices and now mortgage rates on the rise I will wait. Like many others have posted I want to see the bottom of this cycle before I make a move.

 

[Saltwater60]

I have been contemplating buying a multifamily home the last few years but with all the horror stories of the eviction moratorium, insane housing prices and now mortgage rates on the rise I will wait. Like many others have posted I want to see the bottom of this cycle before I make a move.

I would not buy rental property in NYS, just my opinion.

 

[Jchrisls]

I have been contemplating buying a multifamily home the last few years but with all the horror stories of the eviction moratorium, insane housing prices and now mortgage rates on the rise I will wait. Like many others have posted I want to see the bottom of this cycle before I make a move.

Owner of the company I work for owned an apartment complex. Saw the writing on the wall just as the covid SHTF, dumped all of his residential rental units...all of them. Kept the commercial properties. Has said he may never go back to residential again. Too risky.

 

[96coal449]

The goal is banning citizens of private property, via the ''great reset.''

You will own nothing and like it. 2030 is drawing near.

 

[Grimscale]

The goal is banning citizens of private property, via the ''great reset.''

You will own nothing and like it. 2030 is drawing near.

And 2031: The oligarchs are murdered, their families left destitute in the streets, and their property seized and dispersed among the People.

Also 2031: Death toll on the rise.