• MolochAlter@lemmy.world
      3·
      11 months ago

      If you’re in a market where rental rates are much lower than what you’d pay monthly on a mortgage

      Is there even such a thing?

        • MolochAlter@lemmy.world
          2·
          11 months ago

          Wild. Here in the Netherlands any mortgage you can be approved for on a middle class salary will be 3/4 to 2/3 of the average area rent.

          Just by virtue of the fact that banks have stricter rules for income to mortgage payment ratios.