I’d love to buy your condos - but if we look at renting versus buying… It’s cheaper to rent versus buy until mortgage rates drop below 6%. We’ll just be sitting here adding to the mortgage payment pile until then.
A house is laughably out of reach.
I’d love to buy your condos - but if we look at renting versus buying… It’s cheaper to rent versus buy until mortgage rates drop below 6%. We’ll just be sitting here adding to the mortgage payment pile until then.
A house is laughably out of reach.
I would argue that someone can’t sacrifice their future ability to buy just to lower the price on a single unit.
They’re stuck by the incentives of the situation just like everyone else.
We can’t expect anyone to act outside their own good when it comes to huge amounts of money. Especially in a capitalist society where the only thing that protects your quality of life is money. No one is going to step in when things go wrong except your decision to protect yourself and your family by making financially beneficial decisions.
And yeah, that sucks when you are the other major portion of our society who isn’t given the resources to grab that protection/money with both hands and not let go.
And on a more solution oriented note: