[iqkznnft]

> Reversion to the mean is more likely though, and if that happens it would make now and the near future an absolutely terrible time to buy.

Why? Couldn't you refinance in this situation?

[1123581321]

In this situation, interest rates will be higher so you wouldn’t want to refinance. You also will have negative equity in the home, due to values falling, so may have trouble writing the loan.

[creakingstairs]

The total amount of loan will differ though. Why pay 1mil when you could pay 900k instead in 6 months?