No, were talking about a reduction in house prices and in increaee in borrowing rates. The current market conditions. Lol, you're misrepresenting my point and then saying it doesn't make sense.

House prices have dropped. Mortgated rates are up. A house that was 1 million early in the year costs 950k now. The mortgage for the person who paid a million is higher than the person buying at 950 now. Both will have the same rates (assuming variable).