this post was submitted on 07 Oct 2024
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House rule (itsgoingdown.org)
submitted 1 month ago by Rozauhtuno@lemmy.blahaj.zone to c/196@lemmy.blahaj.zone
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[–] notabot@lemm.ee 4 points 1 month ago

Most people buy with a mortgage, so that is functionally exactly the situation they are in. Most property transactions are part of a chain, and if any link in that chain fails, the entire thing, which can be many links long, comes to a screeching halt and possibly collapses.