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A comment on Some young people are buying houses with friends. Parent comment

Re:Some young people are buying houses with friends by chosenbreed37 on Wednesday March 06, 2019 @12:27PM (#19320722)
> The idea of hyper-unstable living seems to be if you live by yourself or with a spouse you'll make a mortgage transaction every 20 years on average,...

People take out long term mortgages but it is quite common to re-mortgage on the same property to get a better deal...and usually people go with a different lender in those cases

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Re:Some young people are buying houses with friends by JoshTriplett on Wednesday March 06, 2019 @01:05PM (#19321040)
> it is quite common to re-mortgage on the same property to get a better deal

Or to "extract" equity as money to spend. There's a huge amount of advertising out there trying to convince people they should take out a home equity loan and spend the resulting money.

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