This situation has turned into a real cock for so many people.
The place I got my mortgage through sends out emails regularly with updates on my home value, current rates, and other assorted stuff. I originally bought this house at the tail end of 2020. It's not the best house around, still needs work, but it had the room we needed, was in our budget (220), and the payment was low because the rate was great (2.75). Our original plan was stay here a bit, get rid of some debt, and then maybe try to find what we'd like to be our forever home, wherever that may be (we're 44).
That idea went south in a hurry. What once probably wouldn't have been worth sinking extra money into to fix, may now be the only choice. The aforementioned newsletter has a section where it shows what you could "save" at current rates by refinancing or taking cash out. The most recent one said I could "save" -$213400, meaning if we refinanced to take cash out to fix things up right now, it would cost us the entire price of the home yet again, on top of what the home and interest will already cost. Where a home in the 400's was achievable before, our home in the 200s would nearly not be now.
I feel terrible for people having to try to achieve home ownership at this point, or probably for the rest of the decade. On the one hand, I understand how fortunate I am to have gotten in when I did, and to have a home period; on the other, like many, I'm now essentially trapped, which has the ripple effect of keeping both rates and prices high because most people aren't going to trade a sub-3% mortgage for 7%+, assuming they can even find a place to go at this point.
Add in corporations branching out into a new area to do their level best to eliminate the concept of ownership for the majority of people, and politicians focusing on the more serious global issues like who goes in which bathroom, and my hope for the future couldn't be squashed any further if you put it in a hydraulic press.
The link seems obvious, honestly. If you get a vaccine, that's .5ml adding to your body weight... you go get in a pool without factoring that in, next thing you know, you're at the bottom running out of air. If he ate within half an hour of getting in... well, he was just courting death at that point.