HousingAug 17, 2019
Intuitt8n1xm

Waiting for negative yield mortgages before I buy

You plebs, with your silly positive rate mortgages: https://www.google.com/amp/s/business.financialpost.com/news/economy/banks-are-now-paying-people-to-borrow-money-and-thats-a-really-bad-sign-for-the-global-economy/amp

Banks are now paying people to borrow money - and that's a really bad sign for the global economy
Banks are now paying people to borrow money - and that's a really bad sign for the global economy
Financial Post
Poll
91 Participants
Multiple selections allowed
LinkedIn Wiener Aug 17, 2019

You can buy now and refinance later

Intuit t8n1xm OP Aug 17, 2019

I think prices will fall more. And I’m not particularly time sensitive. But you make a valid point. You can renegotiate the interest rate, but not the purchase price.

Cisco alcoho Aug 17, 2019

I agree because if indeed there are negative rate mortgages as you are predicting then everyone would want to buy and prices would go through roof

Flowcast lulll Aug 17, 2019

Keep waiting schlub

Intuit t8n1xm OP Aug 17, 2019

Alright Mr. Flowcast (what’s a flowcast?) certainly sounds lower than a Schlub :p /s

Flowcast lulll Aug 17, 2019

Keep waiting while we get 2 women at the same time

Microsoft maxmsft Aug 17, 2019

Move to Denmark

Microsoft 🤪🥳🥰🤪 _ Aug 17, 2019

I would have thought someone working at intuit understands why the 08 recession has no parallel to today’s housing market

Intuit t8n1xm OP Aug 17, 2019

Most of us don’t work on taxes?!?

Microsoft baton Aug 18, 2019

Taxes have nothing to do with it. The pool of debtors and their ability to repay loans today is not what it was in 2008