Birdwatch Archive

Birdwatch Note Rating

2024-07-31 04:26:17 UTC - HELPFUL

Rated by Participant: 11D01E4F705A14D914B262035C46FB625B095E4DB2404B816D5EB5394D1F55CE
Participant Details

Original Note:

Statement is misleading in that it ignores market impacts on price. Allowing 30yr mortgages will reduce payments only if the selling prices of homes are unaffected. Prices are market-driven and will respond to additional buying power made available by the longer amortization. https://www.questrade.com/questmortgage/learning/first-time-home-buyers/the-real-estate-cycle-and-property-value/factors-affecting-real-estate-prices

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Original Tweet

All Information

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  • participantId -
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  • version - 2
  • agree - 0
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  • helpfulnessLevel - HELPFUL
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  • notHelpfulOpinionSpeculationOrBias - 0
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  • ratingsId - 181842454805807961411D01E4F705A14D914B262035C46FB625B095E4DB2404B816D5EB5394D1F55CE