If home equity isn’t that useful in improving living standards, then declining house prices don’t necessarily threaten your standard of living in retirement
Interest rates have increased a lot in the past 12 months, and annuity payouts have done likewise. This could help juice the benefit you get from selling a house that has increased in value over the years.
Interest rate hikes will have improved the monthly payout from that annuity, and house prices today are still higher than they were in 2019. But have you checked out rents lately? Double-digit increases are normal in many cities, with no relief in sight.
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