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The rent is too damn high
(lemmy.zip)
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this post was submitted on 13 Sep 2023
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"wahhh I'm living paycheck to paycheck and may not be able to pay rent this month, let alone set aside a down-payment and closing costs for a house when houses are at an all time high price"
Poor people, amirite? Don't they know that the solution to all their problems is to just get more money?
Weird that they can afford $2k in rent somehow, but can't afford a $1200/mo mortgage...right? If they wanted more money, they would stop renting and pissing all of that money away, don't you think?
Super weird that they can't scrape together a down-payment in a time where 60% of Americans are living paycheck to paycheck and housing prices are at an all time high.
Also, with interest rates being as they are, mortgages are likely more expensive than rent. Im in the process of closing on a house, and I know our monthly cost is way the hell up from before.
Seriously though dude, you need to take a step back and realize you're a bit out of touch. All your comments have big "millenials wouldn't have money problems if they just stopped buying so much avacado toast" energy
Yet...again... First time home buyers programs take care of that. Also the reason I said that people need to get fixed rate mortgages if they're going that route. You're an idiot if you get an adjustable APR.
First time home buyers programs pay your full down-payment for you? lol