return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 17 hours agoStudy: Hopeful homebuyers need income of nearly $117,000 to afford typical home in U.S.www.bankrate.comexternal-linkmessage-square23fedilinkarrow-up1166arrow-down11
arrow-up1165arrow-down1external-linkStudy: Hopeful homebuyers need income of nearly $117,000 to afford typical home in U.S.www.bankrate.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 17 hours agomessage-square23fedilink
minus-squareAlbbi@lemmy.calinkfedilinkarrow-up7arrow-down5·13 hours agoThe house will appreciate more than the mortgage interest. It’s debt, but not bad debt.
minus-squareRefurbished Refurbisher@lemmy.sdf.orglinkfedilinkarrow-up8arrow-down1·edit-210 hours agoThat only matters if you ever plan on selling your home. Not everyone buys houses as a financial investment.
The house will appreciate more than the mortgage interest. It’s debt, but not bad debt.
That only matters if you ever plan on selling your home. Not everyone buys houses as a financial investment.