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.
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.
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.
Haha I said literally that exact same thing to this asshole the other day word for word! Or maybe it was another moronic asshole on lemmy, there’s tons here and it’s hard to tell them all apart. But this guy is definitely a particularly bad and aggressive flavor of stupid for sure.
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.
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.
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.
Cool. Here’s a 3 bed 4 bath, extremely nice house for 350, inside Indianapolis. It was literally the first listing on Zillow. Let me know if you want me to pull up something cheaper.
I live in Ohio. Our markets aren’t that different . Now imagine you didn’t live in the largest city in Indiana.
350k is not 3/4 of a million dollars. It’s barely over 1/4 of a million dollars. You also don’t have to live inside Indianapolis, because that jacks up prices.
Thinking isn’t hard man.
But if that’s not good enough here’s 3br 1bath also inside Indianapolis for 100k cheaper
A $2600/month mortgage is like a half million dollar house dude
They should absolutely move if the wife has cancer.
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.
$400,000 will buy you a mansion where I live. My house is worth about half that, and it’s quite nice.
👏 👏
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.
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.
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.
Haha I said literally that exact same thing to this asshole the other day word for word! Or maybe it was another moronic asshole on lemmy, there’s tons here and it’s hard to tell them all apart. But this guy is definitely a particularly bad and aggressive flavor of stupid for sure.
Grow up bud. You’re not contributing anything meaningful to the conversation
Lol
Maybe in the boonies but my point is Beverly Hills is not a $2600/month zone and what OP is paying is not unusual.
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.
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.
Lol no it is not. It is because we restrict what housing can be built where and thus have insufficient housing.
Where should they move to that houses are less than half a million dollars these days, inner city Detroit?
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.
I drove across the entirety of it multiple times, most people fly over it for a reason.
And thus property is cheaper.
Yeah cuz it fucking sucks.
“I’d rather be homeless than live in Ohio”
Oh be honest, you didn’t have any empathy for anyone to begin with.
That’s definitely why I recommended moving to a cheaper area. Because I lack empathy.
Meanwhile you insulted like 40 million people, but you’re Mr Empathy.
Grow up, man.
I live in Indiana. Nice try though.
Cool. Here’s a 3 bed 4 bath, extremely nice house for 350, inside Indianapolis. It was literally the first listing on Zillow. Let me know if you want me to pull up something cheaper.
I live in Ohio. Our markets aren’t that different . Now imagine you didn’t live in the largest city in Indiana.
https://www.zillow.com/homedetails/8024-Milender-Blvd-Indianapolis-IN-46237/308925348_zpid/
Oh, sorry, more than 3/4 million. That’s definitely totally affordable for someone moving into a new area with no job lined up.
350k is not 3/4 of a million dollars. It’s barely over 1/4 of a million dollars. You also don’t have to live inside Indianapolis, because that jacks up prices.
Thinking isn’t hard man.
But if that’s not good enough here’s 3br 1bath also inside Indianapolis for 100k cheaper
https://www.zillow.com/homedetails/Indianapolis-IN-46219/1219903_zpid/
You are correct. I meant 1/4.
Where does this person get a job in this small Indiana town, by the way?
You do what everyone who actually lives in Indiana does, and isn’t pretending to online for some weird reason, and commute.
Or you buy this 4br for 100k
https://www.zillow.com/homedetails/8331-Aspen-Ct-Indianapolis-IN-46226/1146679_zpid/
Last i checked my house is worth $176
Saw a video the other day, guy pointed at a complex and said rents were $900.
Oh, well… if he pointed at it…