this post was submitted on 07 Oct 2024
544 points (99.3% liked)

196

16410 readers
1730 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] notabot@lemm.ee 4 points 3 weeks 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.