npub1dh4sd5fmr35vw39nh8egz7r6ht78k4gkdus5fpahcnxccl00hltscnn4zf (npub1dh4…n4zf)
With suburban houses costing a million bucks in California, $20/hour is nowhere near enough.
To pay off a $1M loan in 30 years, assuming zero interest or taxes, and take no more than ¼ of your income, you'd have to be paid about $64/hour.
(1000000 * 4) / (2080 * 30) ≈ 64
Add taxes and interest on top of that, and it's even worse.
California is extremely f***ed.
#HousingCrisis
argv minus one /
npub1xr…j74r3
2023-09-28 23:04:44
in reply to nevent1q…xmz6
Author Public Key
npub1xrwcmjdcsp95uk6zwtevd8ml5tnf53j850xewywsjmafmws0r9qq3j74r3Published at
2023-09-28 23:04:44Event JSON
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