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A comment on The 30-Year Mortgage Is an Intrinsically Toxic Product (2018). Parent comment

Re:The 30-Year Mortgage Is an Intrinsically Toxic Product (2... by irrational on Saturday July 22, 2023 @02:53AM (#36823969)
We purchased a nearly 4,000 sf home on an acre 2 years ago. There are apartments within walking distance of our house that have rents higher than our mortgage payment. And not even that nice of apartments.
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Re:The 30-Year Mortgage Is an Intrinsically Toxic Product (2... by richardw on Saturday July 22, 2023 @03:13AM (#36824091)
In Sydney. We’re renting a house for 35% of the mortgage price. And the rental is pretty crazy, so mortgage is ludicrous. Some places are just irrational.
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