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America’s Frozen Housing Market Is Warping the Economy
(www.wsj.com)
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Summary: Houses expensive, mortgage rates suck. People no move, maybe this problem? Darn people not moving!
I guess I'm the problem for locking in a good interest rate when they were low and not wanting to fuck myself over by moving. Been a real problem for me though because I do want to change my job and really want to go to another state if I do.
Not feasible to do so because I live in such a low cost state. There is a huge financial gap now to overcome. It's depressing because I'll probably be stuck for years waiting this out.
Funny, I locked in a bad interest rate when they were high. I'd refinance, but I can only find "worse interest rates that are higher."