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mfost | 1 year ago

You know what is neat when housing prices go down? You pay less to upgrade your house size than when the prices go up. Despite the fact your own house value dropped.

Housing price dropping is good for basically everyone I say.

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tobbe2064|1 year ago

Well, not if you have to sell at a loss and still have the full loan

dudul|1 year ago

That sounds kind of stupid.

If prices go down I won't sell my current house for as much as I bought. If I try to upgrade, granted the new house will be less expensive, but I won't have access to as much funds to pay for it.