2 ms·
I feel like you’ve just refuted gp’s point about houses haven’t gotten any more expensive. People get mortgages, not buy houses. So while they are technically
by frumper 3y ago
I feel like you’ve just refuted gp’s point about houses haven’t gotten any more expensive. People get mortgages, not buy houses. So while they are technically correct, it’s not a worthwhile distinction.
- s1artibartfast 3y agoMonthly payments can go up too, but that usually has to do with other short and long term factors besides interest rate. Eg inflation, land and labor scarcity, ect