Re:The Airbnb Bubble Popping Will Pop the Housing Bubble
by jacquesm on Monday September 04, 2023 @04:26PM
(#37384659)
Probably the end of a fixed interest period approaching. This is the case for some %age of the total number of mortgages out there every year. It's also the moment you're going to be taken advantage of.
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Re:The Airbnb Bubble Popping Will Pop the Housing Bubble
by itsoktocry on Monday September 04, 2023 @05:34PM
(#37385316)
Taken advantage of how? Where you taking advantage of the bank with the prior rates?
Re:The Airbnb Bubble Popping Will Pop the Housing Bubble
by jacquesm on Monday September 04, 2023 @06:35PM
(#37385786)
Taken advantage of because you have to deal with them. Previously you had the option to walk away. But when the fixed interest term expires you are going to have to make some kind of deal because very few people can switch to being homeless or paying off their entire mortgage at the drop of a hat.