• StereoTrespasser@lemmy.world
    link
    fedilink
    arrow-up
    6
    arrow-down
    2
    ·
    edit-2
    10 months ago

    And that extra money covers the original down payment, interest that was paid on the mortgage, closing costs, realtor fees, costs to repair, stage, and prep the house for sale, and down payment on the next mortgage. It’s a never-ending cycle of spending for more debt. AKA the American Dream.