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How do food, fuel, utility, HOA prices compare now to 1985?
BTW – good luck buying that place on $8/hr or $16k/yr.
Mortgage: $783/mo Taxes: $200/mo HOA: $115/mo Insurance: $25/mo(?)
That’s $13,476/yr excluding any unexpected repairs. Probably won’t even work at $13/hr or $26k/yr since the debt-to-income ratio would be a bit out of whack.