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My condo is paid off, actually. But I still want to to crash, because the price gap between my little place and a larger home is way too big. I basically can't upgrade unless prices fall.
But I am guessing that you property price will also fall, så the question is what the new difference will be.
The difference in price of the two properties could stay the same, but the diifference between the property price and income will become smaller.
yeah but generally prices will fall proportionally