• Admiral Patrick@dubvee.orgEnglish
    8·
    11 months ago

    Yeah, gonna call bullshit.

    Bought this house 3 years ago, and my mortgage payment is half of what a comparable house would cost to rent. Mortgage payment includes property taxes and homeowners insurance. Plus I’ll own it in 12 more years and can already use it as equity.

    • SheeEttin@lemm.eeEnglish
      4·
      11 months ago

      3 years ago

      Yeah, that’s the secret. The housing market was much better for buyers a few years ago.

    • Flying Squid@lemmy.world
      41·
      11 months ago

      The equity part is the big one. We were able to refinance and pay off a lot of our mountain of debt.