blueharvest
Avenger
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- May 8, 2008
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I'm not surprised, but rents aren't cheap either.It’s cheaper to rent than buy a starter home in top 50 US metros: Report
Due to rising mortgage rates and falling rents, it’s cheaper to rent than buy a starter home in every one of the country’s 50 largest metropolitan areas, according to new data from Real…thehill.com
You certainly can't do it on one paycheck.I think I just looked up average rent near me and it's $2,500 according to Zillow. Business insider says that the average mortgage payment in the US is $2,883. I'm not sure if that includes taxes. But in the same article it says average mortgage for my state is $2,553. At least with a house you can have multigenerational family paying the mortgage together.
Technically I can't. We are connected to a more ironclad union than marriage and that's a mortgage to a house that we can probably sell for like 70% more than what we purchased it for but so is every other house in our state.You certainly can't do it on one paycheck.
How many people are the opposite right now, pulling mortgages for how that will either stay flat for a while or even go down in value? The current prices are crazy......Technically I can't. We are connected to a more ironclad union than marriage and that's a mortgage to a house that we can probably sell for like 70% more than what we purchased it for but so is every other house in our state.
And a house isn’t just the price of the house, the mortgage, but the cost of maintenance and any recurring taxation after the purchase.
Seems cruel to me.Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The rural city of Grants Pass in southern Oregon has become the unlikely face of the nation’s homelessness crisis as its case over anti-camping laws goes to the U.S.apnews.com
Also kind of pointless. If homeless people don't have enough money to pay rent, surely they don't have enough money to pay a fine.Seems cruel to me.
If they were available they'd be more affordable due to increased supply.Boomers Bought Up the Big Homes. Now They’re Not Budging.
Many empty-nesters are staying put rather than downsizing, keeping housing inventory tight
The ‘big homes’ aren’t affordable (varies by location) anyway even if they were more available.
I was smart and didn't buy a big house to begin with.If they were available they'd be more affordable due to increased supply.