First-Time Homebuyers Are Absolutely Screwed Right Now - Compared with a year ago, when rates were in the 4% range, today’s monthly mortgage payment is about 50% higher

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First-Time Homebuyers Are Absolutely Screwed Right Now - Compared with a year ago, when rates were in the 4% range, today’s monthly mortgage payment is about 50% higher (www.zerohedge.com)

I personally give zero fucks about this for myself, my wife and I bought our house in cash and basically told the jewish bankers that they would get no love from us. On the other hand I have two boys who will grow up and want to buy a home for themselves and it will most likely force me back into the (((banking))) system just so that my boys can buy a home.

The system is rigged.

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[–] • 1 pt

And it shouldn't be at all.
Artificial supply control, mbo's, foreign investment, so much bullshit. single family homes should not be investable products.

link

/s/insanity

created ago

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