this post was submitted on 26 Oct 2024
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A Boring Dystopia
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Those are some inflated numbers
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
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.