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A comment on Priced out of home ownership – 'It makes me want to throw up'. Parent comment
> Better to pass those fees
to whom?
> and borrow against artifically inflated value than it is to realize a loss.
Borrowing does nothing to stop one from losing money.
As for artificially inflated values, bank lenders are not stupid and are not going to loan against a phony value.
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> Better to pass those fees
to whom?
> and borrow against artifically inflated value than it is to realize a loss.
Borrowing does nothing to stop one from losing money.
As for artificially inflated values, bank lenders are not stupid and are not going to loan against a phony value.