- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The math for buying a home no longer works, per WSJ
Posted on 12/20/23 at 9:32 am to GreatLakesTiger24
Posted on 12/20/23 at 9:32 am to GreatLakesTiger24
They don't even mention HOI.
Hell I bought my house for 220,000 about 7 years ago at about a 4% rate....today the amount going into my escrow for HOI/tax is way more that what is going to my premium...the total opposite of how it started in 2016.
So hell even if you make median income and you could afford the 200K-ish house....hell can you afford to insure it????
Thankfully I make way more than the median income and I'm not close to house poor even with the stupid insurance but I imagine a lot of people are.
Hell I bought my house for 220,000 about 7 years ago at about a 4% rate....today the amount going into my escrow for HOI/tax is way more that what is going to my premium...the total opposite of how it started in 2016.
So hell even if you make median income and you could afford the 200K-ish house....hell can you afford to insure it????
Thankfully I make way more than the median income and I'm not close to house poor even with the stupid insurance but I imagine a lot of people are.
0
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News