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News@lemmy.world · 1 year ago

A 30-Year Trap: The Problem With America’s Weird Mortgages

www.nytimes.com

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A 30-Year Trap: The Problem With America’s Weird Mortgages

www.nytimes.com

StrawberryPigtails@lemmy.sdf.org to

News@lemmy.world · 1 year ago

One big reason the U.S. housing market is broken: Owners don’t want to give up their cushy old loans.

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azimir@lemmy.ml
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1 year ago
Didn’t Phoenix either put (or look at putting) a moratorium on new building or growing the city limits? There’s just no water out there and it’s only going to get worse in the future.

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