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I’m not quite sure Uber ever intended for their drivers to be able to own $900,000 homes (that’s about what a $4k mortgage would get you with 20% down). To me t
by djrogers 9y ago
I’m not quite sure Uber ever intended for their drivers to be able to own $900,000 homes (that’s about what a $4k mortgage would get you with 20% down). To me that smacks of a very rigged game with some sort of agenda behind it.
- lifeisgood99 9y agoYou can see it as $1000 in total bills maybe.
- lsiebert 9y agoWith a bad credit rating and 10% down before 2007, you could definitely pay that much for a less expensive home.
- FLUX-YOU 9y ago>To me that smacks of a very rigged game with some sort of agenda behind it. Total bills would have been much more appropriate, unless Uber drivers themselves are reporting $4k/mo mortgages, in which case loan approvals need some serious regulation. Regardless, this game is about someone on the edge of financial failure. The only option is selling the house and hoping for some profit to pay for relocation.
- AVTizzle 9y ago>>Loan approvals need some serious regulation There's probably other recent evidence to support this idea...
- Fomite 9y agoNote the $1000 is "due this week" not "Due every week". It's possible you had that set aside, and then you had an unexpected expense that ate up your cushion. Probably involving the kid you helped with his homework.