Re: Alexandria Ocasio-Cortez
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I'll tell you what is pressure, having to save one third of the price of a house (1/3) and have it sitting in the bank for 12 months before the bank would even talk to you about a home loan, 1/3, how would people go with that, well that's what we had to do to buy our first home (albeit it was a regional home) but the banks rules were the same everywhere. So based on your 'today' price of 833,321 that is $274,996, how would they do, that is what we had to do on a very basic wage, but we did it because we went without, not even enough money to drive to a town 40k's away. Then add to that interest rates of 17%. Don't tell me people of today do it tough, there are some that might, but the ones I see do OK with the new cars, big houses, holiday's to Bali etc
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