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A comment on Small cities in America’s Mountain West are booming. Parent comment

Re:Small cities in America’s Mountain West are booming by throwaway6734 on Wednesday April 21, 2021 @07:46AM (#26888319)
This is absurd. You could just as easily refinance or take out a heloc to take advantage of the rise in price that would greatly offset the rise in tax/insurance
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Re:Small cities in America’s Mountain West are booming by nitrogen on Wednesday April 21, 2021 @03:15PM (#26894176)
If your income hasn't increased, that HELOC is just another mechanism that will force you out of your property if you spend it and can't repay it.
[ Parent | on HN ]