Housing has gotten ASTRONOMICALLY more expensive in the last 3 yrs. Most are locked in, so much of this isn't felt....yet.
Median Mortgage 1990👇
$123k @ 10% = $1,240/month
Median Mortgage 2020👇
$309k @ 3% = $1,293/month
Median Mortgage 2023👇
$405k @ 7% = $2,549/month🤯
#Bitcoin fixes this. 😎
https://bitcoinmagazine.com/culture/how-bitcoin-will-make-housing-affordable
nostr:npub1a3hrd4wfawr578d5y5l0qgmh7lx8q6tumfq0h7eymmttt52veexqkcfg37 if you ever want, I’d be happy to discuss the solution that Bitcoin brings for the housing market.
almost no one is paying that…for now
Yep. Some are though…kinda nuts if ur needing to move right now.
That’s why mortgage rate applications are at alts. Not many can afford to make that monthly payment
