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Re:Middle class homebuyers taking $7k mortgages planning to ... by foogazi on Saturday July 22, 2023 @01:07AM (#36823472)
> Worst case scenario is house prices drop causing you to go underwater and eventually bankrupt.

Why would you go bankrupt if you are underwater on a fixed rate mortgage ?

I’m not advocating buying beyond your means, but prices going up or down doesn’t come into play if you don’t sell

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