• 0x01@lemmy.ml
    link
    fedilink
    arrow-up
    6
    ·
    13 days ago

    Some of them perhaps, but the home is understated if anything, especially with interest rates in the 7% range. They’re also not accounting for taxes, utilities, repairs, and insurance

    • schizo@forum.uncomfortable.business
      link
      fedilink
      English
      arrow-up
      6
      ·
      13 days ago

      home is understated if anything, especially with interest rates in the 7% range

      Yeah, interest rates being this high are no joke. I bought in mid-ish 2020, and am paying 3%. Have a friend that bought a house that’s roughly the same $ as mine, but his rates are 6.8something% and he pays damn near double what I’m paying which was just… shocking.