Many people in China immigrated to the United States, and living in the United States means buying a house in the United States. But some people say they regret buying an American house. What is this?

Similar to the real estate market in other countries, the real estate market in the United States is about to usher in the buying group of millennials, and the declining buying age and inventory also make the real estate in a state of fierce competition.

The large supply of apartments in many expensive cities has really curbed rents and house prices. When the rent drops from the peak level, buying at the peak price means that the applicant pays a higher valuation.

With the 20 18 10 bond interest rate soaring to 3.2%, the mortgage interest rate followed closely. As the stock market crashed in the fourth quarter of 20 17, the Federal Reserve delayed raising interest rates, and the stock market began to fall in 20 19. The yield of 20 19 10-year treasury bonds hovered at 2.55% again. According to the interest rate, the interest rate of 2065438+2.5% in 2006 has now reached 3%. In other words, if you take out the same mortgage today, the monthly payment will increase from $39,565,438+0 to $4,335, an increase of 65,438+00%, which is very significant!

From the history of American real estate, the real estate boom that started with 1996 and 1 ended in March 2006. But it was not until the beginning of 2008 that people began to accept that the real estate market had reached its peak. Until 2008, real estate developers still insisted on hoping or at least denying that house prices would no longer rise.

The above is the relevant content about American housing prices, I hope it will help everyone!