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by dehrmann 809 days ago
In theory, those homes should start going down in value once people start selling because you can buy less home for a $2,000 per month mortgage payment. The market's weird right now because a lot of people with low interest rates can't afford to sell and buy something comparable.
2 comments

I agree: but given that, it's hard to imagine what would bend the market towards selling.
Depending on the region of the country, a lot of people with low interest rates might be handcuffed by skyrocketing insurance from finding buyers