Vivinavi : World : () World

• 需要
• 2021/06/16 (Wed) 06:44
• Report

S&P ／ Case ・ Shiller ・ According to the National Home Price Index, home prices are up 9.5% from the same month last year.
The factor can be summed up in one word: supply and demand imbalance.
The population, which was just under 320 million in 2012, is still growing and will exceed 360 million by 2030.

As part of the bailout for the economic downturn caused by the Corona disaster, mortgage rates are now being reduced to unprecedented levels. The majority of people take out a loan to purchase a home, but with interest rates at unprecedented lows, borrowing costs have dropped dramatically, and more buyers are thinking "now is the time to buy".
Suppose a buyer purchases a $300,000 home with a fixed rate 30-year loan at an interest rate of 3.73%. In that case, the total amount the buyer would pay would be approximately $498,940. In total, the buyer would pay almost $200,000 extra over the price of the house itself.
On the other hand, if the buyer purchases the house under the same conditions when the interest rate is 2.65%, the total amount paid is approximately $435,200. The difference amounts to more than $60,000.

From these comparisons, it is quite natural that more people would consider purchasing a home at this time when interest rates are low.

Various factors, such as the demographic structure of the U.S., are also driving the number of homebuyers.
Compared to Japan, which has an aging population, the U.S. is said to have a larger population of millennials （ who were born after 1981 and came of age after 2000 ）. The fact that many of these millennials are entering the home-buying years is also a factor driving the increase in demand.
Also, as remote work becomes more common, white-collar, higher-income jobs are more likely to be completed online. As these people with greater purchasing power spend more time at home, their interest in purchasing a home has increased dramatically, which is also a factor in the increase in demand!

• まだかな〜
• 2021/06/16 (Wed) 10:14
• Report

I see.
Looking at the Unaffordable Homes graph, the risk is higher than during the 2008 real estate bubble.

• どく
• 2021/06/16 (Wed) 18:57
• Report

Hey, I just wanted to ask, how can a student who is coming to study abroad on F-1 rent an apartment because they don't usually have a SSN ？?

• アフォなの？
• 2021/06/16 (Wed) 21:56
• Report

↑
Ask the apartment leasing office directly.

• 親切
• 2021/06/16 (Wed) 22:08
• Report

1768
It depends on the apartment, but I think you can rent it with a larger deposit or proof of bank balance. You can ask them ？.