3 ms·
> The other side is this helps people move. When a parents kids move out of home you dont want them holding onto big homes just because theyd take a major finan
by nordsieck 4y ago
> The other side is this helps people move. When a parents kids move out of home you dont want them holding onto big homes just because theyd take a major financial hit by moving, even if their current home doesnt suit their lifestyle.
I don't think this really matters unless a lot of people are upside down on their homes.
We could probably target a 2% annual housing price decline (until builders stopped building) and still be fine in that regard.
- kodah 4y agoEveryone is upside down on a home in at least the first five years. In a world with job instability and lack of remote options, I can see their argument as valid.