My house was cheap in a shit area (like knuckle draggers shouting at hotels shit) and that cost me £800 a month 20 years ago.
And that was with a massive deposit. Still, paid that shit off now.
Comment on A conundrum
NENathaniel@lemmy.ca 4 months ago
Where y’all finding houses for 500/month with a 25k downpayment?
Seems cheap af. If you only did a 25k downpayment the mortgage would certainly be more expensive than rent where I’m at.
Blackmist@feddit.uk 4 months ago
beveradb@sh.itjust.works 4 months ago
I bought a 2 bedroom single family home in South Carolina last year for $86k with only $11k down, 7 minute drive from the city center of the capital city (Columbia). Mortgage is $480/mo. Cheap houses absolutely still exist if you’re willing to live in areas where “nobody wants to live”
tfw_no_toiletpaper@lemmy.world 4 months ago
There will be shitholes in bum fuck nowhere but in this area rent will not be 1k lol