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Comment by jandrese

If you are a homeowner it is almost insane to move. Most people I know could not afford their house if they were buying it today. Often by a huge margin. Moving would mean becoming a renter again and losing a much larger chunk of their paycheck every month to housing. It’s too late to start a whole new 30 year mortgage, even when you account for the proceeds from selling their existing house. Prices are insane. This is a natural consequence of home prices doubling or tripling over the past 10 years.
parent jandrese 3 years ago

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