Reported about 1 year ago
FTNN News Network, June 14, 2024: With the continuous rise in housing prices, many people hesitate when buying a house, as illustrated by a netizen who recently expressed concerns about a presale home where the monthly mortgage would consume 60% of their salary. Seeking guidance online, other users emphasized the importance of whether one's life needs could be supported after paying off the mortgage. Suggestions varied from starting with older apartments to saving up for the high prices, cautioning against the burden of a mortgage occupying such a large portion of income. The debate highlights the challenges and considerations individuals face when deciding to purchase a property amidst soaring real estate prices.
Source: YAHOO