• 0x01@lemmy.ml
      link
      fedilink
      arrow-up
      6
      ·
      7 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
        ·
        7 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.