I’ve literally had this conversation with a friend about the price of eggs. He was oblivious.
DJJbird09 on
Under Trump I was making half what I do now. Starter homes were 200 to 259k and there were plenty to choose from. This put mortgage payments at 25-30% of my monthly household income. I was pumped to buy and be at 25%. I make double now then when I bought in 2017 and ran the numbers on today’s interest rates and neighboring comps on my street. If I bought my same house my mortgage would be 42% of my monthly income in today’s interest rates and market price numbers. Fuck that.
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I’ve literally had this conversation with a friend about the price of eggs. He was oblivious.
Under Trump I was making half what I do now. Starter homes were 200 to 259k and there were plenty to choose from. This put mortgage payments at 25-30% of my monthly household income. I was pumped to buy and be at 25%. I make double now then when I bought in 2017 and ran the numbers on today’s interest rates and neighboring comps on my street. If I bought my same house my mortgage would be 42% of my monthly income in today’s interest rates and market price numbers. Fuck that.