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With our combined income we’re paying 1/3rd of our income straight to the landbastard we have never met.
That doesn’t really change too much when you get a house. You are still paying the bank for most or all of your life, even if you do build some equity.
OK, but a mortgage doesn’t go up every year until you’re forced to move
I don’t know where you’re from, but in the UK, interest rates have been rising every month for the last 13 months and for some people that are having to remortgage their payments are tripling in price overnight! I was on a tracker mortgage and has slowly risen from £300 per month to over £800 per month. So, tell me again how mortgages don’t go up every year.