Housing Recession : Sales Plunge to Lockdown Levels, Active Listings Surge, Prices Begin to Dip as Price Reductions Spike, Investors Pull Back | Wolf Street

These 5%+ mortgage rates are still mind-bogglingly low, with CPI inflation at 8.5%, as the Fed is backing off years of interest rate repression. But home prices are mind-bogglingly sky-high, and the two don t mix, and prices will have to come down to meet the buyers.

via wolfstreet.com

I feel like I should sell my house to capture this gain in price, but the trouble is I don’t want to. What I need is for George Soros or someone similar to buy my house and lease it back to me for a low pseudo-mortgage payment. But I don’t see how he’d make money on the deal. Maybe if I said please?