return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 5 months agoAmerican Debt: The typical American household is now paying a record $1,583 a month in various loanswww.cbsnews.comexternal-linkmessage-square11fedilinkarrow-up1125arrow-down13cross-posted to: news@lemmy.world
arrow-up1122arrow-down1external-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 · 5 months agomessage-square11fedilinkcross-posted to: news@lemmy.world
minus-squarethemeatbridge@lemmy.worldlinkfedilinkarrow-up22arrow-down1·edit-25 months agoIf you bought when rates were low. With today’s rates, $2k per month buys you about $250k.
minus-squarePP_GIRL_@lemmy.worldlinkfedilinkarrow-up19·5 months agoAnd $250k buys you half a condo in a town where houses were $220k five years ago.
minus-squareClasm@lemmy.worldlinkfedilinkarrow-up5·5 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…
If you bought when rates were low. With today’s rates, $2k per month buys you about $250k.
And $250k buys you half a condo in a town where houses were $220k five years ago.
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…