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[-] mrodri89@lemmy.zip 5 points 21 hours ago

My mortgage is close to 1600 a month. Plus HOA fees on top of that.

I dont think rent being at that price range is always greedy landlords.

[-] papertowels@mander.xyz 2 points 3 hours ago

What's your interest rate? That plays a huge factor in what your monthly payments are.

[-] mrodri89@lemmy.zip 1 points 2 hours ago
[-] Professorozone@lemmy.world 4 points 17 hours ago

I think you're right. The problem is that salaries are not keeping up. It's been a chronic problem.

[-] michaelmrose@lemmy.world 1 points 17 hours ago

Look at what it would cost to rent a similar house in your area in terms of sq footage and location. Note a house not an apartment I shouldn't be surprised if its closer to $3500

[-] WhiteOakBayou@lemmy.world 1 points 15 hours ago

I have the same mortgage and a property manager I talked to said my house would rent for $2300. Major American city.

[-] mrodri89@lemmy.zip 1 points 2 hours ago

Actually there's an influx of similar properties around here that are just asking for 1600ish per month.

this post was submitted on 29 Apr 2025
1767 points (100.0% liked)

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