Comment on Share with those less fortunate
Rodeo@lemmy.ca 2 years agoYeah but now you have a concrete asset on which you’re gaining equity.
Before you were getting nothing for all that money you spent on rent. Now you’re getting equity for it.
Comment on Share with those less fortunate
Rodeo@lemmy.ca 2 years agoYeah but now you have a concrete asset on which you’re gaining equity.
Before you were getting nothing for all that money you spent on rent. Now you’re getting equity for it.
June@lemm.ee 2 years ago
I know this will likely change as time goes on, but so far I’ve lost value and I’m under water by about 10% according to what I can suss out of the market value. And, my mortgage is 2.5x what I could be paying in rent most anywhere else in the region, which is its own stressor yannow. Everything is just a bit wonky right now.
Agent641@lemmy.world 2 years ago
I have no debts, 10k in savings, and I live in a van 🙃
June@lemm.ee 2 years ago
You have a higher net worth than most millionaires!
Rodeo@lemmy.ca 2 years ago
Another great episode of Why Next Worth is a Terrible Indicator of Wealth!
Smokeydope@lemmy.world 2 years ago
If you aren’t joking then unironically congrats on your relative financial success!