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This is an extremely long-winded way of saying that rising house prices are only good for owners who want to move to a smaller house. The article misses that r
by paulsutter 14y ago
This is an extremely long-winded way of saying that rising house prices are only good for owners who want to move to a smaller house.
The article misses that rising house prices can also be good for a person who intends to move to a place with cheaper housing.
Net net: rising prices good for near-term retirees and rental property investors, bad for almost everyone else.