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When you finally by your own house
(lemmy.ca)
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this post was submitted on 04 Aug 2025
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I own a home and its insane how people who have never owned underestimate the cost of actually owning a property. "I can pay $1500 in rent, but apparently I cant afford a $1500 mortgage"... like... you probably cant. Banks arent not lending to you because they dont want to make an assload off interest. They tried lending out money to everyone who swore they could keep up the payments and 2008 happened.