this post was submitted on 14 Nov 2023
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[–] phoneymouse@lemmy.world 3 points 11 months ago

Well, rate is good and though I felt we paid a high price at the time, we’ve actually built a lot of equity in a short time. In hindsight the price was low.

That said, inventory was really limited in 2020, so we had to compromise on location a bit.

I’d like to move to a different neighborhood, but now prices and interest rates are higher. To trade up, I’d be paying 2-3x what my current mortgage payment is.