I recently gave up my 3% mortgage from 2013 in exchange for a 7% mortgage. It hurts, but it was worth it to get out of Florida.
In the end, my housing costs actually didn’t change that much because my home insurance rates were skyrocketing.
but it was worth it to get out of Florida.
You could put almost any horrific thing in front of that phrase and it sound valid.
I had to keep my arm in a tub of fire ants for 5 minutes, but it was worth it to get out of Florida.
And people moved away from cities during COVID to decrease their cost of living and get a bigger place while still being able to work from home. They bought with lover interest rates in their mortgage.
Now employers want a return to office. The employees can’t afford to move back.
Also a lot of people have discovered that no one wants to live in rural areas because they fucking suck. That’s why there’s no people there.
I’m in year 17 of my 5 year starter home. I can’t afford to upgrade now. I’m gonna die in this house.
Hey, don’t be so glum. You could die at work for example.
I work from home lol
Nice, you’re both right.