How long before the Stock Market ruins property values?
What's the time lag on this?
Found this:
Could stock market volatility cause house prices to fall?
Published: Oct 10, 2018
https://www.marketwatch.com/story/heres-one-thing-you-dont-need-to-worry-about-during-the-market-volatility-2018-02-06
Quote:
Amid the stock market’s volatility on Wednesday, experts will once again look for the bubble that might burst into the next recession. But housing experts say that real estate is unlikely to be the culprit this time around.....................................
But experts argue that concerns of a real estate bubble, insofar as housing is concerned, are overplayed.................
The housing market is unlikely to hurt the stock market much this time around. On the other hand, continued stock market volatility or a cooling equities could have an effect on home-buying activity.........................
Mortgage rates have rebounded this year, and continue climbing. If rates were to continue to rise much higher, it could put a damper on the home price appreciation occurring in some markets, since prospective buyers would be less inclined or able to buy homes at such high prices, Blomquist said..............
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Last edited by kach22i; 12-10-2018 at 09:41 AM..
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