Re:The Rise of the Forever Renter Class
by listenallyall on Tuesday May 07, 2024 @08:48PM
(#40293225)
Not the point. OP was jealous of the "nearly free money," i.e the low interest rate, not the amount borrowed.
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Re:The Rise of the Forever Renter Class
by mtalantikite on Wednesday May 08, 2024 @09:30AM
(#40297912)
I'm actually not jealous, I'm happy for my friends that were able to buy. I just think it was a silly, shortsighted policy move. The 2% rate that people are locked into is only part of the problem of course. There's just not much inventory in NYC or in many other cities.