Quote:
Originally Posted by jtown,man
324,000 Chicago home: 1,778 a month
404,000 Nashville home: 1,798
So you can buy 80,000 dollars more home for essentially the same price in Nashville vs. Chicago. But then we have income taxes:
These things add up.
|
The same price? did you forget the $16k more you need for the down payment.
This also highlights the potential damaging impact of interest rate hikes in our near future.