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I bought a house in a suburb of Rochester on a $80k salary in 2021. Same house 2 years later would be double the monthly payment :)
by nsporillo 3y ago
I bought a house in a suburb of Rochester on a $80k salary in 2021.
Same house 2 years later would be double the monthly payment :)
- throwaway2037 3y agoWait, is that due to interest rates or capital appreciation? There is a big difference.
- rnk 3y agoProbably both.
- eyelidlessness 3y agoBasically all places in the US with anything resembling urban density and don’t have a reputation for decline have been on this housing cost trajectory for several years now.