Yes it does. The more often you have to pick passwords, the more likely you are to pick weaker ones.
> We all deal with "password rotation" in real life and it's inescapable: credit cards expire. And to be fair I'm perfectly fine with that because I know a leak from 10 years ago can no longer affect me. I almost wish they expired earlier.
When a credit card is about to expire, doesn't the new one the bank sends you usually have the same number?