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That $200k purchaser is sitting on $760k in equity and paying 1/4th in housing that their peers are, which is its own form of wealth.
by ec109685 2y ago
That $200k purchaser is sitting on $760k in equity and paying 1/4th in housing that their peers are, which is its own form of wealth.
- griftrejection 2y ago[dead]
- browningstreet 2y agoAnd then renting out for $3000/mo a thing that was renting for half that 2-3 years ago and isn’t even a good place to live.
- ssss11 2y agoAnd if they’re one of the wealthy that own more than one unit of home wealth they are most certainly cheering for the prices to go up.