I have never cared about how much the house is worth. To me it was always about paying it off and having no rent. Sell it for a fortune? So what, a new place costs a fortune and you have to live somewhere. And now houses are worth so much property tax is like new rent.
A system that reduced housing values should have a way for people to refinance homes as they lose value for those who have an underwater mortgage. Construction of the system should however not reward those who must refinance to a lower value. Only ease the pain of the stupid who bought air. Socialize their loss somewhat.
But this is random speculation. We live in America. Easing of pain is not what we do.
- Bugout Machine Subdivision Sprouts in Sunny California
Started by K-Dog May 28, 2024, 07:56 PM
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