Dossier
home price
Coverage of home price in the Nexus archive.
- I secured an $849 monthly mortgage payment on my first home in New York. A few years later, I feel trapped by it.
The author bought a 750-square-foot co-op in New York for $195,000 in 2019 with an $849 monthly mortgage payment. Despite a higher income and a partner, rising home prices and interest rates now make buying another property feel impossible.
- I pay $4,000 in rent. If I stay put, how long will it take me to afford a $750,000 home?
The article discusses a person paying $4,000 in monthly rent and questioning how long it would take to afford a $750,000 home. Additional costs like movers, security deposits, and furniture are highlighted as factors when moving apartments.