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So how much "bad" debt are you in? (lemmy.world)

submitted 1 year ago by ericbomb@lemmy.world to c/asklemmy@lemmy.world

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Hear about how much debt everyone in the US has all the time, curious about some of your stories!

My bad debt is 10k left on a school loan from a for profit school that is now out of business.

Only other debt is house.

So how are you all doing with debt management?

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[-] ericbomb@lemmy.world 5 points 1 year ago

I have a meme for you: https://lemmy.world/post/6902250

[-] foggy@lemmy.world 11 points 1 year ago* (last edited 1 year ago)

I looked at a 400k home that literally had standing water in the basement at the time of the showing.

That would cost me and my gf a solid ~4k/month for 30 years with a 20% down payment.

Bank profits over $1M

[-] ericbomb@lemmy.world 11 points 1 year ago

If it's not murder house in middle of nowhere, it's out of budget.

Like tiny homes are becoming a thing... but like smallest legal home lots are 250k in most cities. Feels like middle of nowhere is only place to be.

this post was submitted on 20 Oct 2023

106 points (96.5% liked)

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