• Apathy Tree@lemmy.dbzer0.com
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    1 year ago

    That’s $400/mth more than my 2013 mortgage, and you can get a property at the same I paid for mine in 2013 now, just in Indiana instead of Wisconsin.

    I’ve thought about relocating because my property is now worth 3x what I paid, and that’s about the only option I have to net any perk from selling, but I don’t want to move somewhere that gets droughts in the best of times, much less with climate change.

    But for someone who just wants a place? There are some, and they all come with drawbacks.

    • tory@lemmy.world
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      1 year ago

      You think people can get $600/month mortgages in this economy? You seeing a ton of homes in Indiana for 75k?

      Because at 8% interest, that’s all you’re getting for $600/month

      • Apathy Tree@lemmy.dbzer0.com
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        1 year ago

        Yes, that’s my point. Look at the housing market in Indiana. There are lots of properties under 75k.

        They aren’t better than the place I live now, but they also aren’t worse.

        • tory@lemmy.world
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          1 year ago

          The only kind of place you’re getting for under 75k in America is gonna be 100% pictures taken from the outside by a bank representative as they try to foreclose on a very poorly located hovel.

          But sure, gl with your mystery box fixer upper.