Pencilnoob@lemmy.world to 196@lemmy.blahaj.zoneEnglish · 12 days agoFree gifts rule!lemmy.worldimagemessage-square13fedilinkarrow-up1212arrow-down14
arrow-up1208arrow-down1imageFree gifts rule!lemmy.worldPencilnoob@lemmy.world to 196@lemmy.blahaj.zoneEnglish · 12 days agomessage-square13fedilink
minus-squarePencilnoob@lemmy.worldOPlinkfedilinkEnglisharrow-up10arrow-down1·edit-211 days agoThe 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
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