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Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago (fortune.com)

submitted 7 months ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[-] funkless_eck@sh.itjust.works 2 points 7 months ago

this thought pushed us to buy this year. Some instantly started mocking us for buying while rates are 6% - but nothing I can see on the horizon is going to halve rates in the near future.

[-] Juvyn00b@lemmy.world 2 points 7 months ago* (last edited 7 months ago)

And if they do by some stroke of luck you can refinance

this post was submitted on 12 May 2024

267 points (98.2% liked)

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