• TubularTittyFrog@lemmy.world
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    1 day ago

    that’s a cheap mortgage where i live. it would pay for a 100 year old falling apart shack.

    the average mortgage here is like 6K a month now.

    the average studio in my city rents for 3.2K a month… you want a 2bed? that will be over 4K

    it costs that much because people are willing to pay it and they have the money to pay it. it’s that simple.

    USA has lots and lots of very rich people, who are willing to pay lots of money for these things.