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Real Estate
Reply to "Americans locked into lower mortgage rates have been increasingly unwilling to sell their homes."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]I don’t understand the mindset of living in a house you don’t want anymore just because you got a good deal on it. [/b] Eventually housing prices will have to come down because as has been pointed out here, higher interest rates puts many houses out of reach for a lot of potential homebuyers. And of course renting is still an option.[/quote] Really? We can’t afford anything better. What’s so hard to understand? And honestly my parents became house poor when they upgraded to a bigger house, so that experience has stayed with me somewhat.[/quote] +1. If you don't understand the "mindset" of tolerating something you're not totally happy with because the other options are more expensive, I don't know what to tell you. That's life.[/quote]
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