• Aussiemandeus@aussie.zone
    link
    fedilink
    arrow-up
    1
    ·
    7 months ago

    No im replying to old mate saying that now there’s nothing owed so it should go down.

    Im saying the house is worth what the house is worth, mortgage rates go up rentals go up, mortgage rates go down the buy in cost goes downso rentals go down.

    But sure pick the definition of value to argue on the internet.

    The value is what its worth like i said. Misconstrue me however you want. No one will pay more then what its worth regardless

    • livus@kbin.social
      link
      fedilink
      arrow-up
      1
      ·
      7 months ago

      I’m not trying to misconstrue you, I was just pointing out that you seemed to be arguing two opposite points of view. This is the crux of it:

      mortgage rates go down the buy in cost goes down so rentals go down.

      @DarkDarkHouse was pointing out that in practice doesn’t really ever happen, and I would agree with them.