A record number of owners spend more than $1,000 on their monthly car payments. Read on to learn how to cope with payments that are too high.
  • tory@lemmy.worldEnglish
    1·
    1 year ago

    You think people can get $600/month mortgages in this economy? You seeing a ton of homes in Indiana for 75k?

    Because at 8% interest, that’s all you’re getting for $600/month

    • Apathy Tree@lemmy.dbzer0.comEnglish
      1·
      1 year ago

      Yes, that’s my point. Look at the housing market in Indiana. There are lots of properties under 75k.

      They aren’t better than the place I live now, but they also aren’t worse.

      • tory@lemmy.worldEnglish
        1·
        1 year ago

        The only kind of place you’re getting for under 75k in America is gonna be 100% pictures taken from the outside by a bank representative as they try to foreclose on a very poorly located hovel.

        But sure, gl with your mystery box fixer upper.