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I think there are just some kinds of housing where ownership doesn't make sense; any sort of shared building requires an HOA fee, and the mortgage for a 1-bed i
by guywithahat 1y ago
I think there are just some kinds of housing where ownership doesn't make sense; any sort of shared building requires an HOA fee, and the mortgage for a 1-bed in a shared building could easily have an HOA fee that's half the cost.
What's more is the most up-to-date data says housing is becoming more affordable, at least in cities with a high percent of illegal immigration. This is a story about millionaires who now have to temporarily rent after their million dollar home burned down and they wait for the market to adjust. It's sad, but not reflective of the average person or their experience