President Donald Trump said during a Cabinet meeting that he wants to 'drive housing prices up' to keep homeowners 'wealthy' rather than focusing on affordability to benefit people people who 'didn't work very hard'
Go ahead, vote MAGA in the midterms if you’re curious how fucked your life can get.
I have a mortgage payment already, and groceries have tripled in what feels like a year and a half. My property taxes went up $200 a MONTH this year. What makes you think I’m in a position to make more fucking payments?
I agree in general. But it is nice to know there is an option in an emergency (cancer, or totalling a brand new car or something). Cold comfort i know but its not nothing.
Plenty of people in your position fund their retirement off their home equity. It’s called a reverse mortgage. If you don’t have heirs you care about leaving the house to, it’s not a bad way to fund retirement.
I have a mortgage payment already, and groceries have tripled in what feels like a year and a half. My property taxes went up $200 a MONTH this year. What makes you think I’m in a position to make more fucking payments?
Equity is a fucking scam, brother.
I agree in general. But it is nice to know there is an option in an emergency (cancer, or totalling a brand new car or something). Cold comfort i know but its not nothing.
If I had a dollar every time someone said “but you have equity” I’d have the pleasure of slapping someone across the face for a dollar
Plenty of people in your position fund their retirement off their home equity. It’s called a reverse mortgage. If you don’t have heirs you care about leaving the house to, it’s not a bad way to fund retirement.