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When you save the address in the class method, it updates the object in the database, but not in the view.
You can call the refresh_from_db
method to reload the values from the database.
if default.lower() == "true":
print "default is true"
Address.set_default_address(address.id, address.client) # updates the object in the db
print address.default # will print False
address.refresh_from_db()
print address.default # will print True
See the docs on refreshing objects from the database for more details.
Source:stackexchange.com