jeff11@lemmy.nz to Aotearoa / New Zealand@lemmy.nzEnglish · 1 year agoWhat Would Be A Fair Wage Today, In Housing Terms?vjmpublishing.nzexternal-linkmessage-square12fedilinkarrow-up155arrow-down14file-text
arrow-up151arrow-down1external-linkWhat Would Be A Fair Wage Today, In Housing Terms?vjmpublishing.nzjeff11@lemmy.nz to Aotearoa / New Zealand@lemmy.nzEnglish · 1 year agomessage-square12fedilinkfile-text
minus-squareHappycamperNZ@lemmy.worldlinkfedilinkarrow-up8·1 year agoI think housing terms skewes what people need to live as price increases have greatly exceeded everything else - especially when paying off interest is included.
minus-squareIlovethebomb@lemmy.nzlinkfedilinkarrow-up1·1 year agoYeah, double digit interest rates were the norm for a lot of this time period, meanwhile I first mortgaged my house at 4%.
I think housing terms skewes what people need to live as price increases have greatly exceeded everything else - especially when paying off interest is included.
Yeah, double digit interest rates were the norm for a lot of this time period, meanwhile I first mortgaged my house at 4%.