this post was submitted on 21 Sep 2023
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[–] dual_sport_dork@lemmy.world 74 points 1 year ago* (last edited 1 year ago) (21 children)

So, take the above with a grain of salt because it is, after all, green text. The numbers may be bullshit. The entire thing may be bullshit. Who knows.

But that said. $2000 monthly is more than my mortgage, utilities, insurance, internet, cell phone, and fuel expenditures combined in the same span of time. That is insane. (With what I overpay towards the principal on my mortgage puts me above that, but I wouldn't technically have to. I'd just like to actually own my house some time this century, or at least before I'm dead.)

Why anyone would deliberately choose to live that way is beyond me. There isn't anything special about my situation; I live in the here and now, at precisely the same date and time as this dude, in the same country, in a major metropolitan area. I'm not an executive, CEO, or landlord. I work in the durable goods industry, for fuck's sake.

[–] Donjuanme@lemmy.world 41 points 1 year ago (2 children)

2000 a month isn't enough for my 2 bedroom 30 minutes from the nearest city. But it was an upgrade from my 2600/month 600sqft apartment on the outskirt of said city. Fortunately we don't pay utilities due to the shady number of rented dwellings on the single property. But we pay more for shittier Internet, and are limited to 1 cell phone provider option. Congratulations, you bought at a good time. I don't hold it against you, but I ask that you understand that the market isn't like that any more. We're looking at 600,000$houses in our current neighborhood, 750 to be in the edge of the city, and they aren't exactly ready for habitation, but that's okay, they'll be bought and flipped (poorly) and resold for 50% more on top of current asking by next summer.

[–] Saintpaul@lemmy.world -3 points 1 year ago

You live in a high cost of living area. I don’t hold it against you, but I ask that you understand the market isn’t like that everywhere.

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