alphanerd4@lemmy.world to US Authoritarianism@lemmy.world · 2 months agoThe US is Politically to the Right of [Other] Democracieslemmy.worldimagemessage-square232fedilinkarrow-up11.42Karrow-down133
arrow-up11.39Karrow-down1imageThe US is Politically to the Right of [Other] Democracieslemmy.worldalphanerd4@lemmy.world to US Authoritarianism@lemmy.world · 2 months agomessage-square232fedilink
minus-squareintensely_humanlinkfedilinkarrow-up7·2 months agoI don’t really understand how you don’t understand that buying a house requires cash on hand.
minus-squareBombOmOm@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down3·edit-22 months agoClosing costs can be rolled into the mortgage and PMI drastically reduces how much is required for a downpayment. Rents are also much cheaper in these areas too, which makes it much easier to save up for a PMI lowered downpayment.
minus-squareintensely_humanlinkfedilinkarrow-up4·2 months agoYou have no idea what people’s economic situation is like, do you?
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I don’t really understand how you don’t understand that buying a house requires cash on hand.
Closing costs can be rolled into the mortgage and PMI drastically reduces how much is required for a downpayment.
Rents are also much cheaper in these areas too, which makes it much easier to save up for a PMI lowered downpayment.
You have no idea what people’s economic situation is like, do you?