A Boring Dystopia

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Visualizing the Cost of the American Dream in 2024 (www.visualcapitalist.com)

submitted 3 weeks ago by [email protected] to c/[email protected]

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[–] [email protected] -1 points 3 weeks ago (2 children)

Those are some inflated numbers

[–] [email protected] 6 points 3 weeks ago (1 children)

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

[–] [email protected] 6 points 3 weeks 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.