Owning a home has rarely been this much more expensive than renting - eviltoast
The premium for homeownership has grown in recent years as home insurance, upkeep, and high mortgage rates skew the buying vs. renting math.
  • meliaesc@lemmy.world
    2·
    1 month ago

    Ah, very wise. You must see how people didn’t get matching 50% raises, matched with even higher interest rates… unfortunately the time of paying off your home early might be behind us, at least for a long while.

    • aesthelete@lemmy.world
      1·
      1 month ago

      Yeah with current mortgage rates and prices…it’s definitely rougher.

      Applying a little extra to principle – if you ever have it – still helps a lot with the amount of interest you’re paying.