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A comment on Mortgage rates have been rising at a pace not seen in almost 50 years. Parent comment

Re:Mortgage rates have been rising at a pace not seen in alm... by jbarham on Friday May 25, 2018 @01:50AM (#17150942)
I've witnessed this myself. In 2009 the company I was working for in Calabasas, California, laid off a lot of people. Since I rented, I was able to end my lease and move to a new job in Orange County. Colleagues who had bought and were underwater were forced to search for new jobs within commuting distance of their house.
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Re:Mortgage rates have been rising at a pace not seen in alm... by refurb on Friday May 25, 2018 @08:55AM (#17153175)
Same here! Was living in NE during the 2007 crisis. Found a new job, gave my landlord 30 days and done.

I had coworkers who wanted to find a new but were now $200K under on their house.

The mobility renting offers can't be understated.

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