• SCB@lemmy.world
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    1 year ago

    A $2600/month mortgage is like a half million dollar house dude

    They should absolutely move if the wife has cancer.

    • aesthelete@lemmy.world
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      1 year ago

      A $2600/month mortgage is like a half million dollar house dude

      Umm…try looking up what $400,000 worth of debt will cost you monthly today (and what your existing equity plus debt and on-hand cash will even buy you in today’s market).

      I wouldn’t move in this market at all if you can make your mortgage payments.

      • SCB@lemmy.world
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        1 year ago

        $400,000 will buy you a mansion where I live. My house is worth about half that, and it’s quite nice.

        • aesthelete@lemmy.world
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          1 year ago

          👏 👏

          Just simply be like this random dude on the Internet…live in his neighborhood and emulate his daily commute…he’s the finest, most shining example.

          Feeling down? Wife got cancer? Relocated from your entire friends, family, and your job? No worries, you’ll have SCB from the Internet to keep you company.

          • SCB@lemmy.world
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            1 year ago

            Or just move literally anywhere in the Midwest with the equity from your half-million dollar home, and buy one for 150k, and get your wife treatment.

            You can’t possibly be this dumb, so I’m going to assume you had a bad day at work today. Hope it gets better.

            Uselessly being a dick isn’t going to make it better. Call a friend.

            • aesthelete@lemmy.world
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              1 year ago

              LOL. I’m having a lot of fun actually.

              You’re like a parody of all of the bad advice I’ve gotten in my life, and all of the worst of the fortune/CNN money/bloomberg clickbait non-sense that I’ve read over the years.

    • gingersneak@lemmy.world
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      1 year ago

      A 2000 sq ft 3 bed 2 bath in a good neighborhood goes for about that where I live, which is known to be in the lower CoL part of the country. The reason shit is so fucked up is that our overlords at huge mutual funds like Blackrock have bought up all the houses so that they can rent them to serfs and collect perpetual income for almost no risk.

      • SCB@lemmy.world
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        1 year ago

        known to be in the lower CoL part of the country

        Lol no it is not. I’m not sure why you’d want to pretend it is.

        I actually live in a moderate CoL area and am a homeowner. I could sell my house right now and buy a house not 20 miles away for about half what my current house is worth, which is also not half a million fucking dollars.

        Do you know how insane this sounds to someone from “flyover country?”

        There’s an entire neighborhood going up near me in the 200s. Amazing school system, right outside the city, easy access to parks/lakes/what have you.

        the reason is Blackrock

        Lol no it is not. It is because we restrict what housing can be built where and thus have insufficient housing.

    • Flying Squid@lemmy.world
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      1 year ago

      Where should they move to that houses are less than half a million dollars these days, inner city Detroit?

      • SCB@lemmy.world
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        1 year ago

        Or, God forbid, outside of a major city.

        My house is worth mid-200s (now, purchased for 140 about 8 years ago), in a very nice neighborhood. I have a pool, a literal white picket fence, and half an acre of property. My house is among the more expensive areas where I live.

        There’s an entire fucking country away from the coast buddy. Check it out. Or don’t, and only move here when the breadwinner of your family has a potentially-fatal illness and you need to live somewhere less expensive that also has top-tier medical care nearby, which is what I suggested to OP.

    • habanhero@lemmy.ca
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      1 year ago

      Maybe in the boonies but my point is Beverly Hills is not a $2600/month zone and what OP is paying is not unusual.