[dangus]

And I think this type of opinion goes too far in the other direction and essentially accuses the common person of being a complete ignoramus.

> they’ll just pay whatever they can maximally afford per month for a house that most closely matches what they need for their present life

Right, and if you ditch a 3% mortgage in favor of a 6% mortgage your monthly spend goes way less far. You're looking at a loan payment that increases by about 40%.