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its the end of the rule as we know it (lemmy.blahaj.zone)

submitted 11 months ago by BeanGoblin@lemmy.blahaj.zone to c/196@lemmy.blahaj.zone

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[-] TranscendentalEmpire@lemm.ee 1 points 11 months ago

Well, the good news is if you have a fixed rate mortgage the crushing amount of incoming inflation may cut that back to like 15-20 years!

I'm a couple years older than you, but my partner and I feel incredibly lucky to own a home as well. We bought an abandoned property back in 09' for 35k and have spent the last ten years fixing it up. If I wasn't able to borrow 20k from USAA back then, I don't think I'd even be able to afford the rent in my neighborhood nowadays.

[-] DarthBueller@lemmy.world 1 points 11 months ago

Once I hit my 40s, massive home diy projects have either become necessities (too expensive to hire out), pipe dreams, or like PA DOT working on route 202 in my youth (never ending with incremental steps that never improve the experience of driving). The energy loss is off the hook, and I’m not a flubbynutter.