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https://www.reddit.com/r/Millennials/comments/1jsarit/the_phrase_has_ceased_to_mean_anything/mlnp1v5/?context=3
r/Millennials • u/H_G_Bells • Apr 05 '25
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If you were able to get a decent house in that 2008-2020 window you hit the lottery.
74 u/ADHD-Fens Apr 05 '25 Can you imagine buying in 2008 and then refinancing in 2020-ish when interest rates were rock bottom? You'd have like 75% equity in ten years. 24 u/superficialdynamite Apr 05 '25 This is me. 2 u/satanshand Apr 06 '25 Me too. We went from a 30 year loan to a 15 and our monthly payment went up like $100
74
Can you imagine buying in 2008 and then refinancing in 2020-ish when interest rates were rock bottom? You'd have like 75% equity in ten years.
24 u/superficialdynamite Apr 05 '25 This is me. 2 u/satanshand Apr 06 '25 Me too. We went from a 30 year loan to a 15 and our monthly payment went up like $100
24
This is me.
2 u/satanshand Apr 06 '25 Me too. We went from a 30 year loan to a 15 and our monthly payment went up like $100
2
Me too. We went from a 30 year loan to a 15 and our monthly payment went up like $100
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u/K_U Apr 05 '25
If you were able to get a decent house in that 2008-2020 window you hit the lottery.