3 ms·
I can easily afford $4000 per month on a mortgage for 30 years. I cannot afford a one-time cash payment of $1M to buy the same house, even though it's "way" les
by sidlls 7y ago
I can easily afford $4000 per month on a mortgage for 30 years. I cannot afford a one-time cash payment of $1M to buy the same house, even though it's "way" less than the lifetime cost of the mortgage.
- jessriedel 7y agoEssentially no individuals are paying this, regardless. The price controls I am talking about are for medicaid (to which many non-Medicaid prices are indexed).