lostmind said:Yah, I've been checking out home prices across the USA. Wow, in some places you can buy a brand new house under $75k in a decent area. WTH?
Home prices vary wildly across the US, but then so do salaries for the same job. Prices and salaries here are much lower than the national average. I'm sure some of it is driven by demand, and some by taxes. We don't pay near the property taxes that someone in New York would pay.
I see people driving cars on a daily basis worth more then that. Insane.
To waste that much money on a car? Yeah, I agree.
I couldn't imagine the freedom not paying a mortgage would afford me. Seems I've been paying $2500+/month since 2001/2002 when I bought my first home.
My mortgage payment is less than a quarter of yours. but I expect my house is smaller, and that your income is substantially larger than mine.