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TreasonousBastard

(43,049 posts)

4. Why must these little shitboxes around here cost 500K?

Reply to WarGamer (Original post)

Wed Sep 21, 2022, 07:32 PM

Sep 2022

And where did the money come from for people to buy these things?

Around here, the town is against rental housing, and people who need housing are priced out by people buying 2nd or 3rd homes.

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The monthly payment for a 500k mortgage today is... 3300/mo [View all] WarGamer Sep 2022 OP

Billionaires cause inflation ck4829 Sep 2022 #1

on mortgage calulator.org 5% interest on 500,000 over 30 yrs is $2684/month msongs Sep 2022 #2

Why do you think it's 5%?? WarGamer Sep 2022 #3

Rates around me are at 6.125% or 6.25% though your general argument is sound GregariousGroundhog Sep 2022 #7

Why must these little shitboxes around here cost 500K? TreasonousBastard Sep 2022 #4

Some of us have been warning others... WarGamer Sep 2022 #5

Seems affordable MissB Sep 2022 #6