Posted on 08/26/2014 11:37:43 AM PDT by Lorianne
My house payment is less than your $600 dollar truck payment. Add taxes and insurance and I am still $400 below what it would cost to rent the same house here.
I don’t know how these people around here can afford to pay $1200 to rent a house. And that is for a small 12-1500 square foot house. Not top of the line houses.
And that $1200 would take the average worker here over 100 hours to earn before taxes.
” I don’t know why they go into debt for college.”
Then they realize that the degree in Visual Arts or Sociology or Female Studies doesn’t go far towards paying off that debt.
When my friend’s son was thinking about a major, he open the Employment pages in the metro paper and said “Pick something.”
I resemble that statement. My house is a big anchor that I’d love to get rid of. BUT stupidly I put a large down payment and have been paying my bills. When the market crashed the entire neighborhood was wiped out. If only I had a crystal ball I would have rented after I sold my first house.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.