heard a story today about people who sold their houses to take advantage of the pandemic boom and are living with their parents until the market cools down
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Love to speculate in a notoriously illiquid and opaque market, with leverage.
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Even more speculative if your parents charge above market rent-- like I would.
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I mean if they sold their house, they're no longer the ones that are leveraged That said the housing market is in a supply bottleneck and the market isn't going to get any less crazy until a) interest rates rise or b) more houses get built so lol
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no more leverage for them! just very well-anchored inflation expectations
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Hope they bought a basket of currencies or at least put it into dog money
End of conversation
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