Despite 14 Year Highs, Bond Yields Have a Long Way to Rise – Ep 849
The Peter Schiff Show Podcast
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What's Going to Drive Up the Cost of Home Ownership?
All state shares are down about 10% in after hours trading. The all-state announcement highlights something that I've been talking about with respect to insurance and that is that insurance rates are going way up. Even if the house costs a little less you're still going to end up paying more in your mortgage mortgage rates are now above 7%. It's higher insurance higher property taxes higher maintenance all of this is increasing the cost of owning homes.
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