“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

  • KoboldCoterie@pawb.social
    link
    fedilink
    English
    arrow-up
    0
    ·
    8 months ago

    Also, it’s not like she’s paying for her mortgage in addition to whatever she was doing previously (presumably rent). The mortgage payment replaces your rent payment.

    • iopq@lemmy.world
      link
      fedilink
      arrow-up
      0
      arrow-down
      1
      ·
      8 months ago

      She’s paying like 17-18% on credit card debt that she didn’t pay off because she saved a down payment. This is just financial illiteracy