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charlie0 | karma 1030 | avg karma 1.73 · 2024-03-21 00:28:04

This is an interesting take. I currently live in an area where my rent is about 35% cheaper than taking out a mortgage at the current interest rates.

red-iron-pine | karma 2564 | avg karma 0.9 · 2024-03-21 17:47:34

statistically most people live in a handful of areas, and COL there is high. more jobs there, though, so it becomes a balance.

if I could pull 90k in rural Kentucky I'd live like a king, but that's not easy, and most people aren't that lucky.

charlie0 | karma 1030 | avg karma 1.73 · 2024-03-22 17:37:57

Rent doesn't scale linearly with the prices of homes, rent is likely cheaper than a mortgage in HCOL.