Personal Finance

3819 readers

1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago

MODERATORS

[email protected]

125

Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward (finance.yahoo.com)

submitted 1 year ago by [email protected] to c/[email protected]

27 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Saintpaul 6 points 1 year ago

It is. I bought my house two years ago with a low interest rate and it’s still another four years before I’m paying more money towards my principal than interest.