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re: Monthly mortgage payment based on a median existing home is now at a record $2,322
Posted on 8/24/23 at 12:01 pm to deltaland
Posted on 8/24/23 at 12:01 pm to deltaland
quote:
2023- 4 flatscreen HD TVs, cable package, 5 different streaming services. 150 or more a month. Tv breaks you spend 1500 replacing it.
I've got one TV. A few streaming services but nothing totalling more than $50 a month.
quote:
1985- appliance breaks you fix it. 2023 throw it away, finance a new one.
Cost more to repair the appliance than to replace it.
quote:
1985- 1 landline phone, local calls only. 2023 everyone in family has 1200 dollar smartphone on payment plan, unlimited data plan, etc. hundreds of dollars a month.
Two phones both paid off. $80 a month.
Get my point?
Posted on 8/24/23 at 12:09 pm to Greace
I wasn’t being an a-hole. Just pointing out that many people overspend on those things because they think it’s all necessary these days. They could afford the house if they cut out a lot of those monthly bills.
A lot of stuff today like internet is necessary in life, and didn’t exist 40 years ago. So that makes it tougher to afford a large house note today
A lot of stuff today like internet is necessary in life, and didn’t exist 40 years ago. So that makes it tougher to afford a large house note today
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