this post was submitted on 09 Jan 2026
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imagine not having to pay an entire minimum wage monthly to bankers (at the bare minimum) just to have a roof over your head.
I'm paying 3x my states monthly minimum wage for hourly workers to own in a fairly modest 1100 sqft house in a semi walkable area in a major city.
Before here I used to pay my states monthly minimum wage for hourly workers to live in a fucking slum just outside the city. House was by an interstate so I got soot on anything I left outside, all the houses in the neighborhood were water damaged and molded to hell, the roads were so cracked it was fucking up cars, and everyone who lived there seemed miserable.
It's grind or die, I got so fucking sick living in alleged affordable housing. Nerve damage and all kinds of weird chronic health problems from living in such a toxic death trap for years. They don't call it the Dirty South for nothing, this place is completely fucked.
In two years I've paid $104,000 to my mortgage!
...why is it only $17,000 lower...
interesting... 😅
The key phrase is "amortization schedule". It's bullshit and for collusory reasons no banks compete on it, they all use the same one.
Minimum wage isn't enough to pay for a roof over your head... unless you mean the roof of a car...
not with all the other bills and stuff to pay for. at least here.
and cars are getting more and more expensive because our car industry doesn't want to sell to consumers anymore, living in cars is not as viable.
living in cars is never "viable" it's just what some people do when thier only other alternative is living under a bridge...
in our case, it's straight under the bridge.
Unhoused people living in cars aren't buying new cars, so it doesn't really matter what car manufacturers are doing today for them... and the maintenance costs are still way lower than paying rent
used cars are exploding in price in my country too, because of the restricted supply of new cars.