United States | News & Politics

8285 readers

777 users here now

founded 4 years ago

MODERATORS

pangyuehung@lemmy.ml

yogthos@lemmy.ml

Mortgage rates spike could upend housing market (www.newsweek.com)

submitted 1 year ago by yogthos@lemmy.ml to c/usa@lemmy.ml

6 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] barrbaric@hexbear.net 4 points 1 year ago

If it's any consolation, you can rest easy that the institutional investors would buy up everything so prices still wouldn't collapse. The exceptions would be properties that are going to be unprofitable in the mid-term because they'll be underwater due to climate change or something.

permalink
fedilink
source
parent