@alphanerd4 to US Authoritarianism • 6 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@alphanerd4 to US Authoritarianism • 6 months agomessage-square231
minus-squareBombOmOmlinkEnglish-2•edit-26 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•6 months agoYou have no idea what people’s economic situation is like, do you?
![The US is Politically to the Right of [Other] Democracies](https://lemmy.world/pictrs/image/21301eb3-0348-4db4-9f02-82fd35987e02.jpeg){kind=link}
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?