Thread 60725828

>rate down
>getting cuckgages more attractive
>people with the most money benefit the most by buying a ton of properties with leverage
>price goes up

>rates up
>you cannot get a cuckgage because you will not be able to pay the interest (assuming you have the principal to get it)
>prices go down as less demand, but not low enough to be relevant since it gets leveled out by buyers that can instabuy properties

>>60725828 (OP)
i bought a house by assuming someone's FHA loan

got a 2.375% rate for 25 more years

>>60725927
>lose job due automation and/or cheaper smarter labour
>have to pay interest

>>60725953
i'm retired

could have bought the home cash, but there's literally no point in not assuming the mortgage

>>60725989
>i'm retired
what shitcoin did you buy?

>>60725828 (OP)
>MEMECOIN snipes ME
>didn’t click anything
>I wake up with 100k tokens

I bought our house in 2015. Its value has tripled since. It is big enough to be our "forever home" mortgage is at 3% and only a few years left. feels good.

>>60725828 (OP)
prices aren't even going down much. people who are locked into low rates aren't accepting less than maybe 10k off the peak zestimate™