Anonymous
(ID: ZmXqeGM7)
11/9/2025, 11:16:54 PM
No.521012314
to make housing affordable again involves LOWERING the value of current houses.
If you bought a house for $150,000 and all of a sudden its worth $90,000 you'd be pissed.... especially if you went into negative equity and were paying a $150,000 mortgage on a $90,000 property.
making housing affordable and accessible involves lowering the values of housing across the board. Great for new buyers but a loss for anyone already vested invested in the housing market.
If you bought a house for $150,000 and all of a sudden its worth $90,000 you'd be pissed.... especially if you went into negative equity and were paying a $150,000 mortgage on a $90,000 property.
making housing affordable and accessible involves lowering the values of housing across the board. Great for new buyers but a loss for anyone already vested invested in the housing market.