DesignRemote
DesignRemote t1_j5x4o8f wrote
Reply to comment by AbStRaCt1179 in WHY ARE HOUSES SO EXPENSIVE by mommy2boy
Horrible advice
DesignRemote t1_j5x4kbq wrote
Reply to comment by possiblecoin in WHY ARE HOUSES SO EXPENSIVE by mommy2boy
Banks figured out you make more renting the house out forever as opposed to selling it
DesignRemote t1_j5x4ecq wrote
Reply to comment by possiblecoin in WHY ARE HOUSES SO EXPENSIVE by mommy2boy
Yes correct my parents had an interest rate of 17% for their $50,000 house
Now it’s 7% on a 800,000 house
DesignRemote t1_j5x3w2f wrote
Reply to comment by CoffeeMilkSteaks in WHY ARE HOUSES SO EXPENSIVE by mommy2boy
Crash has already started. Rates are insane.
DesignRemote OP t1_j08esg3 wrote
Reply to comment by NancyNimby in Providence Calzone Help by DesignRemote
He said yes
Thank you
DesignRemote t1_jdtyk41 wrote
Reply to comment by darkrom in Rep. Boylan introduces bill requiring solar on new construction by GhostOpera406
The price of electricity doesn’t go down. It goes up every month.
Let’s say the system cost 20,000 total. After government rebates . Let’s use say the Current electric bill is $200 a month. That’s 2,400 a year. Plus the electric company pays me monthly for the power I create about $100 a month. So 1200 per year.
So it would take you about 5/6 years to break even. At todays electricity prices