mortgage rates on the rise, housing, train wreck coming. If you had a $400,000 house at today's mortgage rates, that's $2800 a month. That's compared to a couple years ago when mortgage rates were at 3% and you were only paying $1900 a month. So you wound up with an $800 a month increase, courtesy of the Fed who created the bubble to begin with. Now, what are you getting for your $400,000 these days? Not much in Austin, Texas, definitely not much. So not only are you paying higher mortgage rates, but housing prices haven't dropped enough to make it worth it. So if you're paying way more in interest, $800 a month and that $400,000 a house, $400,000 house is going to $200,000. Why buy a house? Why buy anything?