they can’t afford a mortgage if they can’t get one. they probably have massive debt or shitty credit.
just because people don’t know how money or credit works, doens’t mean it’s unfair or a cruel conspiracy… it just means they are ignorant or bad with money.
I was approved for a $4000/mo mortgage. My actual mortgage is $2600. My rent at the time was $2000. I have an 800 credit score. that was only 5 years ago. I meet people all the time who make way more than I do that can’t get a mortgage… because their credit score is like 500-600 and they have massive personal in debt from crappy life choices, like taking out loans to go on vacation, or maxing out student loans way beyond what they actually needed for school because they wanted to party.
anytime the butthurt about rent/mortgage comes up, I ask for the details and people usually show you why their complaints are bullshit. it’s because they can’t manage debt, cant budget, and don’t pay back their loans. for all we know OP has a $800/mo car payment on a $50K car and that is what is sinking their credit score.
it’s not magic, or being rich, it’s just understanding basic mathematics. and sadly, a lot of people can’t or won’t do it. i had several friends and girlfriends i stopped associated with because they were such idiots about money and constantly asking for ‘loans’ to help with debt, then they’d take the $200 you gave them and go buy booze or clothing or expensive dinners, and if you called them out on their behavior they just told you to ‘f you you’re a rich asshole’. no, i’m not rich, i’m just not a self-indulgent moron who steals money from other people to buy petty irresponsible shit rather than be a responsible functional human being who understands debt payments come before fun money.
See OP. They can afford their own place. They are paying more in rent than the would on a mortgage.
they can’t afford a mortgage if they can’t get one. they probably have massive debt or shitty credit.
just because people don’t know how money or credit works, doens’t mean it’s unfair or a cruel conspiracy… it just means they are ignorant or bad with money.
I was approved for a $4000/mo mortgage. My actual mortgage is $2600. My rent at the time was $2000. I have an 800 credit score. that was only 5 years ago. I meet people all the time who make way more than I do that can’t get a mortgage… because their credit score is like 500-600 and they have massive personal in debt from crappy life choices, like taking out loans to go on vacation, or maxing out student loans way beyond what they actually needed for school because they wanted to party.
anytime the butthurt about rent/mortgage comes up, I ask for the details and people usually show you why their complaints are bullshit. it’s because they can’t manage debt, cant budget, and don’t pay back their loans. for all we know OP has a $800/mo car payment on a $50K car and that is what is sinking their credit score.
it’s not magic, or being rich, it’s just understanding basic mathematics. and sadly, a lot of people can’t or won’t do it. i had several friends and girlfriends i stopped associated with because they were such idiots about money and constantly asking for ‘loans’ to help with debt, then they’d take the $200 you gave them and go buy booze or clothing or expensive dinners, and if you called them out on their behavior they just told you to ‘f you you’re a rich asshole’. no, i’m not rich, i’m just not a self-indulgent moron who steals money from other people to buy petty irresponsible shit rather than be a responsible functional human being who understands debt payments come before fun money.