Out home insurance went up to point where it is higher than our real estate taxes. Up 20% this year over the 50% last year.
My inlaws rent is up to 3K a month on a home directly across the street from a drug dealer arrest last month. This is in Jacksonville Fl not the Hamptons. Their landlord is a large investor group that snapped up properties after the financial meltdown of 2008.
My tag line says it all about DC I fear.
And that's a big hit on your monthly payment on the mortgage, because of the increased amount you have to put into the escrow account.