My neighbor has been trying to get their house rented after it didn’t sell for 1.3million. Now they’re paying the monthly mortgage for several months now. It doesn’t seem like anyone is interested at practically $4000/month. Who would pay that mucho wonder. I bet the previous generation felt exactly the same as inflation was swallowing them into homelessness… I.e. me, I could be underpaid and not know it. CuzI had to pay that rent I would not be able to afford where we live. We would need two incomes over $120,000 each. Crazy.
My neighbor has been trying to get their house rented after it didn’t sell for 1.3million. Now they’re paying the monthly mortgage for several months now. It doesn’t seem like anyone is interested at practically $4000/month. Who would pay that mucho wonder. I bet the previous generation felt exactly the same as inflation was swallowing them into homelessness… I.e. me, I could be underpaid and not know it. CuzI had to pay that rent I would not be able to afford where we live. We would need two incomes over $120,000 each. Crazy.
That’s brain dead thinking they can sell any house at 1.3 millie. I hope that house sinks them.
Typical houses in my area start at $1m. Anything under that is a fixer-upper.