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Wharrrrrrgarbl /
npub138p…u4u2
2023-08-19 18:18:35
in reply to nevent1q…r5kc

Wharrrrrrgarbl on Nostr: npub19qm2t…9sn8k I own a house and I still don't understand the benefit of higher ...

npub19qm2trjs3p32nwqwry4ufxl4fk9q4utkq53ywueg0yk8cvggra5s79sn8k (npub19qm…sn8k) I own a house and I still don't understand the benefit of higher housing prices overall. The benefit is obvious if your house, alone, increases; you can sell it and realize the gain. But you still need somewhere to live! If all the other houses also doubled in price, the only thing that happens if you try to realize the gain is you're out tens of thousands of dollars in closing costs, right? What am I missing?
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npub138puunh4kwf2nm67dnfr3gfvja5t3utdmh6fr8rsz7x8grsuteksq7u4u2