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this post was submitted on 14 Aug 2024
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A Boring Dystopia
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Not too weird if you consider pre-tax contributions for retirement and health insurance.
Regardless, this is some clickbait bullshit. I ran some numbers too like other commenters, and you have to have some real shit credit even with an 11% down payment to get the monthly payment cited in the article. Even so, with an 11% down payment you shouldn't be buying a house anyway due to the PMI and higher interest that comes with it.
There's a whole mess of poor financial decisions that led to the clickbait headline.