Comment on Congrats to all 2024 college graduates!
SpaceNoodle@lemmy.world 1 month agoI’ve got a mortgage, so I know the insurance and outs.
Yes, the deck is stacked against us. My point is that it’s overall a better deal financially to own than to rent.
batmaniam@lemmy.world 1 month ago
I’m not attacking you for something that worked for you, but trying to offer perspective.
Do you know that medical debt doesn’t show up on your credit score but does show up on a mortgage?
But more important: imagine you’re a nurse living paycheck to paycheck in a major metro. You’ll never be able to own where you live.
OK, so move to demoines, we’ll, if they all do that the realestate prices collapse, and it’s in such a situation that the 401ks for people in demoines nose dive… That’s where we’re at.