return2ozma@lemmy.world to News@lemmy.world · 8 months agoAmericans Are Falling Behind on Their Car Paymentswww.fool.comexternal-linkmessage-square200fedilinkarrow-up1336arrow-down118
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minus-squaretory@lemmy.worldlinkfedilinkEnglisharrow-up1·8 months agoYou think people can get $600/month mortgages in this economy? You seeing a ton of homes in Indiana for 75k? Because at 8% interest, that’s all you’re getting for $600/month
minus-squareApathy Tree@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·8 months agoYes, that’s my point. Look at the housing market in Indiana. There are lots of properties under 75k. They aren’t better than the place I live now, but they also aren’t worse.
minus-squaretory@lemmy.worldlinkfedilinkEnglisharrow-up1·8 months agoThe only kind of place you’re getting for under 75k in America is gonna be 100% pictures taken from the outside by a bank representative as they try to foreclose on a very poorly located hovel. But sure, gl with your mystery box fixer upper.
You think people can get $600/month mortgages in this economy? You seeing a ton of homes in Indiana for 75k?
Because at 8% interest, that’s all you’re getting for $600/month
Yes, that’s my point. Look at the housing market in Indiana. There are lots of properties under 75k.
They aren’t better than the place I live now, but they also aren’t worse.
The only kind of place you’re getting for under 75k in America is gonna be 100% pictures taken from the outside by a bank representative as they try to foreclose on a very poorly located hovel.
But sure, gl with your mystery box fixer upper.