Return-to-office policies are driving people to sell their homes - even at a loss - eviltoast
  • AdolfSchmitler@lemmy.world
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    1 year ago

    Hundreds of millions? 1/3 of the U.S.? I don’t really see that. Even if the value of your home drops to $0 it wouldn’t automatically make you homeless as long as you can pay the mortgage or if you have it paid off. And the mortgage payment would stay the same cuz we have 30 year fixed rates.

    Hundreds of millions of homeless people in the U.S. wouldn’t just hurt, it would be a total collapse and the end of society as we know it here, not to mention we’d drag most of the world down with us.