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Joined 3 years ago
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Cake day: October 18th, 2023

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  • Err it probably matter to people who bought a house in the last 10 to 15 years. They will still have a huge debt on an asset that would be worth less than the debt effectively locking them in to an asset that may no longer be suitable for them along with having to funnel vast quantities of cash into that asset for the next 10 to 15 years which they will never see again and could be going to actual investment rather than bank shareholders pockets. You could argue they made their bed when they took out the mortgage but these people probably aren’t landlords, they are mostly just people who wanted a house.