return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 10 months agoAmerican Debt: The typical American household is now paying a record $1,583 a month in various loanswww.cbsnews.comexternal-linkmessage-square7fedilinkarrow-up1100cross-posted to: news@lemmy.world
arrow-up1100external-linkAmerican Debt: The typical American household is now paying a record $1,583 a month in various loanswww.cbsnews.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 10 months agomessage-square7fedilinkcross-posted to: news@lemmy.world
minus-squareFenrirIII@lemmy.worldlinkfedilinkarrow-up20·10 months agoMortgages alone should be like $1-2k alone.
minus-squarethemeatbridge@lemmy.worldlinkfedilinkarrow-up16·edit-210 months agoIf you bought when rates were low. With today’s rates, $2k per month buys you about $250k.
minus-squareClasm@lemmy.worldlinkfedilinkarrow-up4·10 months agoThe only things in that range around these parts are going to be burnt out husks of a house with a cheery “fixer-upper” in the listing title…
minus-squarecdf12345@lemmy.worldlinkfedilinkEnglisharrow-up7·10 months agoRent isn’t debt. Think of renter paying that much, plus that much debt and it’s only going to get worse
Mortgages alone should be like $1-2k alone.
If you bought when rates were low. With today’s rates, $2k per month buys you about $250k.
The only things in that range around these parts are going to be burnt out husks of a house with a cheery “fixer-upper” in the listing title…
Rent isn’t debt. Think of renter paying that much, plus that much debt and it’s only going to get worse