Thinking Outside the Recession Box
Just finished an article that gives Seven Reason To Welcome a Recession. At first glance at the title one would think Jeff Strain’s thinking processes were already in a recession but that is just not the case. But clever Jeff thinks outside the recession box and encourages us to join him. So let’s take a look at two of his reasons.
Affordable Housing and Low Mortgage rates topped the list. It is true that during a recession when fewer people are purchasing homes there are more houses available to buyers. It is also true often buyers can find real bargains but in today’s market not only are we already an excess of houses on the market and housing prices are falling and bargains abound. Though finacial and economic specialists have not said we are in a recession per se, it is a perfect time to go house hunting. Add the fact that the Federal Reserve Bank is keeping interest rates low to prevent a recession and qualified buyers have to two elements needed to purchase the home of their dreams.
Well done Jeff!