Comment on Share with those less fortunate
Rodeo@lemmy.ca 8 months agoYeah but now you have a concrete asset on which you’re gaining equity.
Before you were getting nothing for all that money you spent on rent. Now you’re getting equity for it.
Comment on Share with those less fortunate
Rodeo@lemmy.ca 8 months agoYeah but now you have a concrete asset on which you’re gaining equity.
Before you were getting nothing for all that money you spent on rent. Now you’re getting equity for it.
June@lemm.ee 8 months ago
I know this will likely change as time goes on, but so far I’ve lost value and I’m under water by about 10% according to what I can suss out of the market value. And, my mortgage is 2.5x what I could be paying in rent most anywhere else in the region, which is its own stressor yannow. Everything is just a bit wonky right now.
Agent641@lemmy.world 8 months ago
I have no debts, 10k in savings, and I live in a van 🙃
June@lemm.ee 8 months ago
You have a higher net worth than most millionaires!
Rodeo@lemmy.ca 8 months ago
Another great episode of Why Next Worth is a Terrible Indicator of Wealth!
Smokeydope@lemmy.world 8 months ago
If you aren’t joking then unironically congrats on your relative financial success!