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Housing prices have only gone up for people that have purchased a new house this year. For people already living in a house, mortgage payments have mostly been
by ako 5y ago
Housing prices have only gone up for people that have purchased a new house this year. For people already living in a house, mortgage payments have mostly been stable, or possible even lower, when refinancing for a lower rate. So i can imagine that the average housing costs have only gone up 3.8%.
- throw0101a 5y agoNotwithstanding a down payment, monthly carrying costs have never been lower in the US: * https://awealthofcommonsense.com/2021/03/what-if-housing-prices-arent-as-high-as-they-appear/ https://awealthofcommonsense.com/2021/03/what-if-housing-pri...