Quote:
Originally Posted by bluejays
Not to be rude, but I've heard that a few times and my ignorant self is saying, "so what"? I renewed back in May. What difference does it make if those with renewals coming up also have to renew at a high rate?
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Well, so far, people have adapted and made it work. It might not be a huge issue, because presumably people with mortgages coming up know what’s coming and have at least thought about how to manage it. But it will be interesting to see if more houses start to hit the market because people are afraid that they can’t cope.