Found a nice house, top of our price range, but requires us to move from our low priced starter home. The economy seems like a mess and economics was never my forte. Is it a bad decision to try to move up given current trends?

  • humble_boatsman@sh.itjust.worksEnglish
    11·
    6 days ago

    We did it. Its tuff. But the home makes the difference in our lives. Betting on wage increases over the long term is hard to calculate but an important part of taking on more debt financing. Rates for mortgages are still low and can aid that financial decision against increases in future wages.