You can’t make this up:
— The Kobeissi Letter (@KobeissiLetter) September 29, 2023
1. Median Mortgage Payment: $2,900
2. Median Rent Price: $1,900
It now costs ~$1,000/month more to buy a house than to rent.
Meanwhile, the average new car payment is now at $750/month.
The average interest rate on a used car loan just hit a record…
Heads up people PAY ATTENTION
https://www.facebook.com/reel/845332274866403