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A comment on A Growing Problem in Real Estate: Too Many Too Big Houses. Parent comment

Re:A Growing Problem in Real Estate: Too Many Too Big Houses by jandrese on Thursday June 20, 2019 @12:50PM (#20234734)
When I rented the company sent a letter every year asking us to agree to a 8-12% hike. Every year we ignored the letter until they called and we talked them down to either keeping the rent the same or raising it only a couple of percent. It's one of the headaches of renting, but it makes a huge difference over time.

A fixed mortgage is much less painful.

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Re:A Growing Problem in Real Estate: Too Many Too Big Houses by Balgair on Thursday June 20, 2019 @12:53PM (#20234774)
> A fixed mortgage is much less painful.

I'm in total agreement, but the housing prices around here aren't very good (obviously expensive). Besides, we don't have stable work yet, so locking into a mortgage that will go underwater isn't wise.

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