Submitted by HeyItsMau t3_11r92z2 in explainlikeimfive

Seeing a meme on Tiktok about people lamenting the fact that they brought a home at mortgage rates lower than 3.0% between 2020-2022 and how they will never be able to move into a new home.

Not sure if it's supposed to be a bit of a humblebrag in the sense that it makes other future home purchases feel like a bad deal, or if there's something else I'm not putting together that makes the purchase an actual bad investment.

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