The Reality of 7% Interest Rates

A lot of people who made those decisions during the covid lockdowns to Take out Equity loans from from their houses that are sitting in precarious situations right now. The housing market was fueled by Inch rates going lower for 40 years straightright like a lot of people thought they were genius for just levering up And you know house hacking or real estate hacking and there's really just a leverage game with cost of capital going lower forever and that reversed.