#it'sa🤡🌎
Discussion
Yikes, that monthly mortgage payment is more than many people spend on everything in a month. Big short pt2 coming to theaters near you
That's just a (1.1M/8k)^(1/75) - 1 = 6.785% CAGR though since 1950. In line with the stock market.
Wonder what is the % cost of the house being more comfortable, if it indeed is?
If convenience has a cost premium or it is actually getting cheaper over time in real terms, we just perceive the inflation?
