this post was submitted on 06 Jun 2026
523 points (94.7% liked)
me_irl
7807 readers
3183 users here now
All posts need to have the same title: me_irl it is allowed to use an emoji instead of the underscore _
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If you take out a loan at 12% today well then you're an imbecile.
If rates go up to 12%, then housing prices will go down because as you yourself just showed (!), it's too expensive to buy at todays prices. So they will go down. If that happens.
Nothing spectacular in the housing market will happen just because you throw money out the window.
That's why I ran it with today's numbers as well. You talk in hypotheticals that just don't reflect the behaviour of the current market.