Rising prices allows home sellers to cash out and extinguish debts

Many people sell when prices rise high enough for them to retire, move up, or extinguish their debts.


Many people imagine the property ladder as a progression from a condo near work, to a house in the suburbs, to a mansion by the beach. Many people buy entry-level housing, and when prices rise...
http://ochousingnews.com/blog/rising-prices-allows-home-sellers-cash-extinguish-debts/