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A comment on She lived in a New York hotel for more than 40 years. But her life was a mystery. Parent comment

Re:She lived in a New York hotel for more than 40 years. But... by geraldwhen on Wednesday November 15, 2023 @01:32PM (#38280435)
Higher rates mean more stable or possibly even lower house prices. This is good for cash buyers, at least.

For those of us here, that’s probably well within reason in most of the country where you can buy a house for <$600k

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Re:She lived in a New York hotel for more than 40 years. But... by grecy on Wednesday November 15, 2023 @01:53PM (#38280735)
> Higher rates mean more stable or possibly even lower house prices

Sure the price of the houses has gone down, but higher interest rates mean my monthlies are higher than they were, which means I can't afford a house!

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