They Asked Middle-Class Homeowners With $6,000 Mortgages If They Regret It. Some Now Wonder If Renting And Investing Would Have Been Smarter
View original at finance.yahoo.comThey Asked Middle-Class Homeowners With $6,000 Mortgages If They Regret It. Some Now Wonder If Renting And Investing Would Have Been Smarter For many Americans, the idea of a $6,000 monthly mortgage sounds absurd…
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80% confidenceRenting luxury apartment for $4,500 allowed putting additional $4,500 into investments monthly
80% confidence$6,000 mortgage is middle class in very high cost of living area when median home is $1 million
80% confidenceHaving a house with pool makes family happy enough to justify cost despite earning around $200,000/year
80% confidencePeople assume $6,000 mortgage means mansion but it's not even close
80% confidenceCalifornians are low key born with a silver spoon in their mouth
80% confidenceUpper middle class is the new middle class and middle class is the new working class
80% confidenceBaltimore homeowner with $6,000/month PITI payment lives a pretty good life objectively
80% confidencePaying $4,000 rent didn't feel expensive but gained no equity
80% confidenceUpper middle class earners feel trapped in careers, many choosing not to have kids because of money and chose house over family
80% confidenceBAM Capital targets income and long-term growth as supply tightens and renter demand remains strong in Midwest markets
80% confidenceGolden ticket is working entire life in HCOL area then moving to LCOL area for retirement
80% confidenceRegular 4-bedroom single family house in Orange County costs $1.2 million+ with 6% interest
80% confidence$6,000 monthly mortgage is not middle class housing requiring at least $200,000 income
80% confidenceRad AI's artificial intelligence technology transforms data chaos into actionable insights with measurable ROI
80% confidence
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