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A comment on A global house-price slump is coming. Parent comment

Re:A global house-price slump is coming by spacemadness on Friday October 21, 2022 @12:29PM (#33289869)
Some “cash buyers” were actually taking loans against their stock assets.
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Re:A global house-price slump is coming by lesuorac on Friday October 21, 2022 @12:34PM (#33289946)
And then a lot of them will take out a mortgage to payoff the loan against the stock after the house is purchased.

Cash buying is one of those terms people don't understand. You're almost never getting a suitcase of 100's.

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Re:A global house-price slump is coming by __derek__ on Friday October 21, 2022 @02:23PM (#33291340)
> You're almost never getting a suitcase of 100's.

And if you are, you may want to follow your escrow agent as they run out the door.

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