@alphanerd4M to US Authoritarianism • 4 months agoThe US is Politically to the Right of [Other] Democraciesimagemessage-square231arrow-up11.43Karrow-down132
arrow-up11.4Karrow-down1imageThe US is Politically to the Right of [Other] Democracies@alphanerd4M to US Authoritarianism • 4 months agomessage-square231
minus-square@[email protected]linkfedilink7•4 months agoI don’t really understand how you don’t understand that buying a house requires cash on hand.
minus-squareBombOmOmlinkEnglish-2•edit-24 months agoClosing costs can be rolled into the mortgage and PMI drastically reduces how much is required for a downpayment. Rents are also much cheaper in these areas too, which makes it much easier to save up for a PMI lowered downpayment.
minus-square@[email protected]linkfedilink4•4 months agoYou have no idea what people’s economic situation is like, do you?
I don’t really understand how you don’t understand that buying a house requires cash on hand.
Closing costs can be rolled into the mortgage and PMI drastically reduces how much is required for a downpayment.
Rents are also much cheaper in these areas too, which makes it much easier to save up for a PMI lowered downpayment.
You have no idea what people’s economic situation is like, do you?