Should You Buy a House During a Recession? | LowerMyBills
Автор: LowerMyBills
Загружено: 2023-04-27
Просмотров: 1149
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Recessions are uncertain economic times that may make it more difficult to take on financial commitments like buying a house, but they also present opportunities for those fortunate enough to have financial stability.
If your finances are relatively steady and secure, then you could take advantage of reduced demand in a recession to get a good deal on a home. If your financial future is less predictable, then the risk of buying a home may be too much to take on — especially for first-time homebuyers — and finding a mortgage lender may be more difficult.
00:00 Introduction
00:15 Housing Market
00:45 Buyers Have Power!
00:59 More Difficult To Borrow Money
01:35 Buying During Recession
01:52 Closing
#homebuying #recession #buyingahome
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