Jul 30, 2020
11:33:16pm
11:33:16pm
That makes sense. You’re applying the equity you’ve paid into the loan. However,
the way mortgages front load the interest, you’d have to be quite a few years in to make a big difference, IMO.
I guess I just don’t see how equity gained from a rising market really helps the sellers unless you are moving to another market which hasn’t experienced the same growth rate. At the end of the day, the only people who I think really benefit from housing inflation are realtors, banks, and developers.
I guess I just don’t see how equity gained from a rising market really helps the sellers unless you are moving to another market which hasn’t experienced the same growth rate. At the end of the day, the only people who I think really benefit from housing inflation are realtors, banks, and developers.
Originally posted on Jul 30, 2020 at 11:33:16pm
Message modified by stenso on Jul 30, 2020 at 11:59:11pm
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