> If they sell they just have to buy another, so it's a wash. They have to buy another at a higher interest rate. It's not a wash, I think it's a loss for most

> If they sell they just have to buy another, so it's a wash. They have to buy another at a higher interest rate. It's not a wash, I think it's a loss for most. If I sold my house, then bought another at the same size, the gains would not cover the monthly mortgage increase for very long.