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Property crisis, lol
(thelemmy.club)
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this post was submitted on 31 Jan 2026
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traingang
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Yeah, but it means if you decide to sell you can get out of your mortgage. If prices go down, selling means you are stuck with whatever the drop was when/if you sell.
Yeah.. you can sell and get out of your mortgage. Where are you then.. y'know, going to live?
Remember it's all hypothetical. Plus reverse mortgages, people will take those out later and they only make sense if your home value has increased.