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re: Homes in upper middle class neighborhoods going up for rent
Posted on 5/16/24 at 10:38 am to kywildcatfanone
Posted on 5/16/24 at 10:38 am to kywildcatfanone
quote:
, I don't understand why people will pay $2K a month rent instead of buying.
Because $2k a month in mortgage might get you a $240k house with today’s mortgage rates. And if you pay that much for rent then there probably aren’t decent homes for $240k where you live
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