Row 86305

Row ID: 86305 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 86305 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Look, obviously owning your home shields you a little bit from inflation, but it’s not like we pre-2020 homeowners aren’t feeling the higher prices on everything too.

I think we had to spend $18k on 10 weeks of summer camp for two kids this year, for example. Aftercare has doubled in price since the pandemic. And so on.

Our mortgage is locked at 3% and we could not afford to rent a comparably sized apartment in our neighborhood at current prices, but our monthly maintenance bill has gone up something crazy like 30% in just a few years, owing to higher property taxes, higher heating costs, and higher costs for maintenance labor.

We are much wealthier on paper because the price of our apartment skyrocketed immediately after we closed. That will be great in 20 years when we sell! Right now we’re getting squeezed just like everyone else, just somewhat less. And if we were still renting, we could just move to a cheaper neighborhood or something. When our maintenance goes up, we are locked into paying it.

FieldValue
text Look, obviously owning your home shields you a little bit from inflation, but it’s not like we pre-2020 homeowners aren’t feeling the higher prices on everything too. I think we had to spend $18k on 10 weeks of summer camp for two kids this year, for example. Aftercare has doubled in price since the pandemic. And so on. Our mortgage is locked at 3% and we could not afford to rent a comparably sized apartment in our neighborhood at current prices, but our monthly maintenance bill has gone up so…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-24
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Raw Record

{
  "text": "Look, obviously owning your home shields you a little bit from inflation, but it’s not like we pre-2020 homeowners aren’t feeling the higher prices on everything too.\n\nI think we had to spend $18k on 10 weeks of summer camp for two kids this year, for example. Aftercare has doubled in price since the pandemic. And so on.\n\nOur mortgage is locked at 3% and we could not afford to rent a comparably sized apartment in our neighborhood at current prices, but our monthly maintenance bill has gone up something crazy like 30% in just a few years, owing to higher property taxes, higher heating costs, and higher costs for maintenance labor.\n\nWe are much wealthier on paper because the price of our apartment skyrocketed immediately after we closed. That will be great in 20 years when we sell! Right now we’re getting squeezed just like everyone else, just somewhat less. And if we were still renting, we could just move to a cheaper neighborhood or something. When our maintenance goes up, we are locked into paying it.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-24",
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Entry Information