Yuritopiaposadism [none/use name]@hexbear.net to traingang@hexbear.netEnglish · 6 days agoProperty crisis, lolhexbear.netimagemessage-square26fedilinkarrow-up1164
arrow-up1164imageProperty crisis, lolhexbear.netYuritopiaposadism [none/use name]@hexbear.net to traingang@hexbear.netEnglish · 6 days agomessage-square26fedilink
minus-squareSootySootySoot [any]@hexbear.netlinkfedilinkEnglisharrow-up3·4 days agoEven having a mortgage doesn’t make it in your interest for house prices to go up. Not unless you’re about to CASH IN by going homeless.
minus-squareinvalidusernamelol [he/him]@hexbear.netlinkfedilinkEnglisharrow-up2·4 days agoYeah, but it means if you decide to sell you can get out of your mortgage. If prices go down, selling means you are stuck with whatever the drop was when/if you sell.
minus-squareSootySootySoot [any]@hexbear.netlinkfedilinkEnglisharrow-up2·3 days agoYeah… you can sell and get out of your mortgage. Where are you then… y’know, going to live?
minus-squareinvalidusernamelol [he/him]@hexbear.netlinkfedilinkEnglisharrow-up1·3 days agoRemember it’s all hypothetical. Plus reverse mortgages, people will take those out later and they only make sense if your home value has increased.
Even having a mortgage doesn’t make it in your interest for house prices to go up. Not unless you’re about to CASH IN by going homeless.
Yeah, but it means if you decide to sell you can get out of your mortgage. If prices go down, selling means you are stuck with whatever the drop was when/if you sell.
Yeah… you can sell and get out of your mortgage. Where are you then… y’know, going to live?
Remember it’s all hypothetical. Plus reverse mortgages, people will take those out later and they only make sense if your home value has increased.