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If you're that old, you probably already have a house when it was much cheaper relative to income levels. Now, a tiny shift in interests rates affects not only
by arccy 2y ago
If you're that old, you probably already have a house when it was much cheaper relative to income levels. Now, a tiny shift in interests rates affects not only the general economy, but people paying back mortgages which can take a significant chunk out of your income.
- adamc 2y agoYeah. I lost my house in a divorce, and it was quite a shock when I looked at the "new" pricing. Not sure that can last.