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I'd imagine part of it is younger people are refusing to move. You're high as giraffe pussy if you think im giving up my 3.49% intrest rate.
LOL "high as giraffe pussy" legit wheezing here, I can't breath
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It's up there....
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Yes I bought in August 2024 (mid 20s) and a majority of the houses were estates, nobody was selling and giving up their 10s-era interest rate. Sucks for buyers cause reduced supply increased prices which hurt extra with increased interest rates. I got lucky for finding a house that's weird for 99% of people but perfect for me, but that's basically all you can count on.
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3.25% here, would like to move...but can't shake the "you're an idiot" if you move.
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2.65% here
I'm stuck forever
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30 sats \ 0 replies \ @Aardvark 15h
Right?! 7% for a house that costs almost twice as much as mine due to inflation? Hard pass.
The gains on my house don't make it anywhere near worth it.
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