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A comment on Middle class homebuyers taking $7k mortgages planning to later refinance down. Parent comment

Re:Middle class homebuyers taking $7k mortgages planning to ... by xrikcus on Friday July 21, 2023 @11:40PM (#36823006)
Yes, which means downsizing. Need to downsize will put people off selling. People being put off selling reduces supply. Small supply keeps prices high.
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