▲ 353 ▼ A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up (www.nytimes.com) submitted 2 years ago by GiddyGap@lemm.ee to c/news@lemmy.world 145 comments fedilink hide all child comments
[–] KaiReeve@lemmy.world 73 points 2 years ago (2 children) I recently gave up my 3% mortgage from 2013 in exchange for a 7% mortgage. It hurts, but it was worth it to get out of Florida. In the end, my housing costs actually didn't change that much because my home insurance rates were skyrocketing. permalink fedilink source hideshow 4 child comments replies: [–] dogslayeggs@lemmy.world 73 points 2 years ago (2 children) but it was worth it to get out of Florida. You could put almost any horrific thing in front of that phrase and it sound valid. I had to keep my arm in a tub of fire ants for 5 minutes, but it was worth it to get out of Florida. permalink fedilink source parent hideshow 4 child comments replies: [–] 5oap10116@lemmy.world 25 points 2 years ago (1 child) I had to cut off several limbs leading to a bad case of sepsis... I had to sell a few children (not mine) along the way engage in some other morally questionable activities... I had to sacrifice my first born like Abraham did his Isaac... ...but it was worth it to get out of Florida permalink fedilink source parent hideshow 2 child comments replies: [–] CosmicTurtle0@lemmy.dbzer0.com 16 points 2 years ago It reads like a country song... 🤌 permalink fedilink source parent [–] billwashere@lemmy.world 4 points 2 years ago I could not agree more. The flip side is likely true as well… “I’d rather put my arm in a tub of fire ants for 5 minutes than move to Florida. “ permalink fedilink source parent [–] LordOfTheChia@lemmy.world 5 points 2 years ago* (last edited 2 years ago) (1 child) Also home insurance isn't tax deductible (to my knowledge unless you're renting the house and then it counts against the income you made renting) but the interest paid is. permalink fedilink source parent hideshow 2 child comments replies: [–] KaiReeve@lemmy.world 2 points 2 years ago That's a good point, but I'm definitely paying more taxes now than I was before. My new state has income tax and tangible property (vehicle) tax that Florida didn't have. I looked up tax distribution for my county and the majority goes into education, so I can't complain too much. permalink fedilink source parent
[–] dogslayeggs@lemmy.world 73 points 2 years ago (2 children) but it was worth it to get out of Florida. You could put almost any horrific thing in front of that phrase and it sound valid. I had to keep my arm in a tub of fire ants for 5 minutes, but it was worth it to get out of Florida. permalink fedilink source parent hideshow 4 child comments replies: [–] 5oap10116@lemmy.world 25 points 2 years ago (1 child) I had to cut off several limbs leading to a bad case of sepsis... I had to sell a few children (not mine) along the way engage in some other morally questionable activities... I had to sacrifice my first born like Abraham did his Isaac... ...but it was worth it to get out of Florida permalink fedilink source parent hideshow 2 child comments replies: [–] CosmicTurtle0@lemmy.dbzer0.com 16 points 2 years ago It reads like a country song... 🤌 permalink fedilink source parent [–] billwashere@lemmy.world 4 points 2 years ago I could not agree more. The flip side is likely true as well… “I’d rather put my arm in a tub of fire ants for 5 minutes than move to Florida. “ permalink fedilink source parent
[–] 5oap10116@lemmy.world 25 points 2 years ago (1 child) I had to cut off several limbs leading to a bad case of sepsis... I had to sell a few children (not mine) along the way engage in some other morally questionable activities... I had to sacrifice my first born like Abraham did his Isaac... ...but it was worth it to get out of Florida permalink fedilink source parent hideshow 2 child comments replies: [–] CosmicTurtle0@lemmy.dbzer0.com 16 points 2 years ago It reads like a country song... 🤌 permalink fedilink source parent
[–] CosmicTurtle0@lemmy.dbzer0.com 16 points 2 years ago It reads like a country song... 🤌 permalink fedilink source parent
[–] billwashere@lemmy.world 4 points 2 years ago I could not agree more. The flip side is likely true as well… “I’d rather put my arm in a tub of fire ants for 5 minutes than move to Florida. “ permalink fedilink source parent
[–] LordOfTheChia@lemmy.world 5 points 2 years ago* (last edited 2 years ago) (1 child) Also home insurance isn't tax deductible (to my knowledge unless you're renting the house and then it counts against the income you made renting) but the interest paid is. permalink fedilink source parent hideshow 2 child comments replies: [–] KaiReeve@lemmy.world 2 points 2 years ago That's a good point, but I'm definitely paying more taxes now than I was before. My new state has income tax and tangible property (vehicle) tax that Florida didn't have. I looked up tax distribution for my county and the majority goes into education, so I can't complain too much. permalink fedilink source parent
[–] KaiReeve@lemmy.world 2 points 2 years ago That's a good point, but I'm definitely paying more taxes now than I was before. My new state has income tax and tangible property (vehicle) tax that Florida didn't have. I looked up tax distribution for my county and the majority goes into education, so I can't complain too much. permalink fedilink source parent