this post was submitted on 16 Jun 2026
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me_irl

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[–] UnderpantsWeevil@lemmy.world 3 points 2 weeks ago

which will surely continue to rise every year unlike my fixed mortgage

Pretty much the #1 reason to buy a home. I got into a $350k house in 2014, knocked my mortgage down to 3% during the COVID shock, and have been happily paying under $1/sqft for the last twelve years. No idea what I'm going to do when my son outgrows his tiny bedroom. But that's a problem for 10 years from now. Maybe we'll see another housing crash before then.