Not the point. OP was jealous of the "nearly free money," i.e the low interest r... | Hacker News

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		listenallyall on May 8, 2024 \| parent \| context \| favorite \| on: The Rise of the Forever Renter Class Not the point. OP was jealous of the "nearly free money," i.e the low interest rate, not the amount borrowed.

mtalantikite on May 8, 2024 [–]

I'm actually not jealous, I'm happy for my friends that were able to buy. I just think it was a silly, shortsighted policy move. The 2% rate that people are locked into is only part of the problem of course. There's just not much inventory in NYC or in many other cities.

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