People really just running away with this narrative that he’s doing it because he hates poor people when that’s literally not his reasoning we are absolutely f***ed as a society. It’s fascinating just to see it happen in real time
They’re so lost omg lol
You can buy houses for 100k in texas, 300k isnt even cheap unless youre in California.
These arent affordable homes foh.
Who tf would build 300k homes near 65 million dollar homes s*** doesnt even make sense, build a new suburb in a new city.
Lol bruh with an FHA loan a 300k house can be bought at $10,500. That’s realistically easy to gather especially as a first time homebuyer. There are tons of programs that assist people in that process.
A brand new house for 300k is a steal
Switch your mindset up and learn various ways to purchase assets
Is the 10,500 the down payment? You still have to pay the remaining 289,000 plus the interest, correct?
Who tf would build 300k homes near 65 million dollar homes s*** doesnt even make sense, build a new suburb in a new city.
Aint no 65 million dollar homes
One of the dumbest users on this site
Is the 10,500 the down payment? You still have to pay the remaining 289,000 plus the interest, correct?
Yea so would end up being like ~$1500+ a month on a 30 year.
Assuming you aren't including property tax and insurance in your mortgage.
The article literally explains how monthly costs can be higher by about 60 USD bc of taxes etc, not that mortgage itself is cheaper than rent dumbass
And like I said the fact that it builds wealth more than makes up for that anyway
I already explained why I'm against using houses as an investment, if you wanna do that, fine. But even if you do use it as an investment it doesn't mean you gotta f*** over everybody else because it makes your investment less profitable
Since you obviously didn’t read or can’t read
“ But the $1,012 mortgage payment isn’t your all-in monthly housing expense. It’s really just a starting point.
Assuming you can QUALIFY for a home loan after coming in with a sufficient DOWN PAYMENT, you’ve got more expenses to worry about than a renter.
One of the biggest reasons more renters aren’t homeowners is due to a lack of down payment funds.
Many renters could probably muster a $1,012 monthly mortgage payment, but how many could come to the table with $60,000 cash?“
Since you obviously didn’t read or can’t read
“ But the $1,012 mortgage payment isn’t your all-in monthly housing expense. It’s really just a starting point.
Assuming you can QUALIFY for a home loan after coming in with a sufficient DOWN PAYMENT, you’ve got more expenses to worry about than a renter.
One of the biggest reasons more renters aren’t homeowners is due to a lack of down payment funds.
Many renters could probably muster a $1,012 monthly mortgage payment, but how many could come to the table with $60,000 cash?“
Yeah I read the article lol
Aint no 65 million dollar homes
One of the dumbest users on this site
You can sell anything for any price.
"No and that's why they should be 400k instead"
Wym? Is that what dave wants?
Is 300k affordable?
Would be a steal for me but im in cali.
300k will get me a 1 bed 1 bath dump around homeless crackheads in my area.
Wym? Is that what dave wants?
People defending him will say that it's not, reality is we don't know, but that is what the consequences of his actions are
Yea so would end up being like ~$1500+ a month on a 30 year.
Assuming you aren't including property tax and insurance in your mortgage.
You’re a home owner right sir? So apparently owning a home is cheaper than renting cause the mortgage is only 60 dollars more than rent? Can you confirm that for me? So why don’t more people just buy homes than rent are we just stupid?
Wym? Is that what dave wants?
Dave is just in the title for clicks. Some Random will get no clicks.
Dumbass commie said theres no 65 million dollar homes.
Aight this funny
After reading, the developer is an a****** and don’t care about no affordable housing
He just tryna get rich too lmao
People really just running away with this narrative that he’s doing it because he hates poor people when that’s literally not his reasoning we are absolutely f***ed as a society. It’s fascinating just to see it happen in real time