Many fall in the face of chaos, but not this one, not today

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Cake day: June 13th, 2023

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  • Pencilnoob@lemmy.worldOPto196@lemmy.blahaj.zoneFree gifts rule!
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    22 days ago

    The seller though usually turns around and spends all that money on a bigger place, taking out a larger mortgage with greater interest payments.

    So realistically the only entity profiting from rising house prices are banks and real estate agents.

    Sellers feel richer, but then they lose it on the next place that is more expensive