I know I’m supposed to want it to keep going up as a wealth generator or whatever.

But like… I wouldn’t be able to afford the monthly payments if I bought my house right now and it’s scary. Also none of my friends are buying homes, none of them are even renting full places. Just like renting rooms.

So what are your feelings home owners of lemmy?

  • ColeSloth@discuss.tchncs.de
    72·
    1 year ago

    I have like 15 years left on a 30 year fixed rate. I’d like to move closer to where I work, but I don’t want another 30 year loan and a 15 year would currently be a much higher interest rate, so I’m stuck with my house until it’s close to being paid off. Doesn’t really matter what homes are costing when you have to buy another after selling. Expensive houses only help people who own multiple homes and aren’t replacing what they sell.