ickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 5 days agoA conundrumlemmy.worldimagemessage-square273fedilinkarrow-up11.64Karrow-down117
arrow-up11.63Karrow-down1imageA conundrumlemmy.worldickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 5 days agomessage-square273fedilink
minus-squareprettybunnys@sh.itjust.workslinkfedilinkarrow-up3·edit-25 days agoIn my lifetime interest rates on mortgages went from high teens to the 3.whatever I have. Home values skyrocketed and now the expectation seems to be this must continue. Honestly I’m happier to pass my house on to my kid than turn a profit on it. Now if HE buys a house and inherits mine … I hope he turns a fat profit on it lmao
minus-squarerc__buggy@sh.itjust.workslinkfedilinkarrow-up1·5 days agoRight? My parents were ecstatic to get 11% on the home I grew up in. Now my mom’s retirement condo? three dot whatever like you said.
In my lifetime interest rates on mortgages went from high teens to the 3.whatever I have.
Home values skyrocketed and now the expectation seems to be this must continue.
Honestly I’m happier to pass my house on to my kid than turn a profit on it.
Now if HE buys a house and inherits mine … I hope he turns a fat profit on it lmao
Right? My parents were ecstatic to get 11% on the home I grew up in. Now my mom’s retirement condo? three dot whatever like you said.