I know I’m supposed to want it to keep going up as a wealth generator or whatever.

But like… I wouldn’t be able to afford the monthly payments if I bought my house right now and it’s scary. Also none of my friends are buying homes, none of them are even renting full places. Just like renting rooms.

So what are your feelings home owners of lemmy?

  • @ericbombOP
    1•1 year ago

    Cost of living, rent, and taxes are all lower in Australia than US on average. Also median income is higher in Australia.

    And where did you live? Did you have room mate or live with family?

    • @fart_pickle
      1•1 year ago

      Melbourne - expensive city to live in and I was living with my wife. The $45k was a household income.

      • @ericbombOP
        1•1 year ago

        And what was your rent?

        • @fart_pickle
          1•1 year ago

          It was somewhere around 1500 USD per month. On top of that I had to pay for overpriced health insurance (required by my visa - additional few hundred dollars per month) and I had a huge loan I took to move to Australia (visa costs, moving my stuff across the world, car, etc.). In total I was paying around 2300 USD per month, and I still had to pay for utilities and food.