How This Ends - Hackdot

Re:How This Ends by rcpt on Sunday May 22, 2022 @12:50PM (#31470186)

Low interest rate doesn't mean low monthly payment

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Re:How This Ends by riku_iki on Sunday May 22, 2022 @12:55PM (#31470254)

It means monthly payments are lower than if person would sell and buy with higher interest. It is very strong incentive to not sell.

[ Parent | on HN ]

Re:How This Ends by rcpt on Monday May 23, 2022 @03:05AM (#31476099)

But it also means that recent buyers might have stretched and won't be able to make payments. If stocks do badly or someone gets laid off they'll need to sell and downsize or rent

[ Parent | on HN ]