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Many are ready to move but don’t want to lose the low-rate mortgages they locked in a few years ago, crimping the supply of homes and keeping prices high

submitted by deleted to FinancialNews 2.0 yearsMay 10, 2023 21:01:42 ago (+5/-0)     (FinancialNews)

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[ - ] bobdole9 3 points 2.0 yearsMay 10, 2023 21:42:24 ago (+3/-0)

No shit. Can't afford your house payment now, good luck with an extra $100 just because.

[ - ] deleted 1 point 2.0 yearsMay 10, 2023 21:44:32 ago (+1/-0)

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[ - ] bobdole9 1 point 2.0 yearsMay 10, 2023 22:21:50 ago (+1/-0)

You can't kick out the clowns. That implies they're willing to leave.

So far banks are fucked holding the mortgages...good, fuck them if their books are bad. Short of a wave of foreclosures, I don't see people giving up their homes for something else.

[ - ] deleted 1 point 2.0 yearsMay 10, 2023 22:26:03 ago (+1/-0)

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[ - ] lord_nougat 1 point 2.0 yearsMay 10, 2023 23:27:13 ago (+1/-0)

Just $100 wouldn't be so bad, just to get out of this gay state.

[ - ] bobdole9 1 point 2.0 yearsMay 11, 2023 00:19:12 ago (+1/-0)

California real estate is easily 4-6x the cost of anywhere not overran with retarded leftists.

[ - ] lord_nougat 1 point 2.0 yearsMay 10, 2023 23:26:13 ago (+1/-0)

This is a valid point.

[ - ] 2Drunk 0 points 2.0 yearsMay 12, 2023 07:28:25 ago (+0/-0)

I've wanted to move for the last three after niggers moved in two houses down. But now Brandon added a tax on mortgages for people with good credit.