"That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping track of this"
- Franklin Raines
About this Quote
Franklin Raines is recommending that home prices will only continue to increase in the future. He is basing this prediction on the fact that home costs have actually never ever reduced across the country since records have actually been kept. This recommends that the pattern of increasing home prices is most likely to continue in the future. This might be due to a variety of elements, such as a boost in need for housing, a reduction in the availability of real estate, or a boost in the cost of products used to construct homes. Whatever the cause, it appears that home rates are most likely to remain on an upward trajectory in the future.
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