• MolochAlter
    3•11 months ago

    If you’re in a market where rental rates are much lower than what you’d pay monthly on a mortgage

    Is there even such a thing?

      • MolochAlter
        2•11 months ago

        Wild. Here in the Netherlands any mortgage you can be approved for on a middle class salary will be 3/4 to 2/3 of the average area rent.

        Just by virtue of the fact that banks have stricter rules for income to mortgage payment ratios.