JammyDodger3579

But you don't have to say anything - the mistake is so easily corrected in your own head that the effort expended in correcting/defending corrections massively outweighs any additional effort it took to "translate"

You try to make it sound like you're being rational about the effort expended here, but without quantifying the effort to translate and the effort to correct, you've got no way of knowing whether it's the right course of action. To me, it's clear it isn't.

Also, is there really a need to call the post stupid? Seems like unnecessary effort to me

I think something important missing here from the maths is that taking longer to buy the house makes it astronomically more expensive due to compound interest on your mortgage.

A lower wage means you're more likely to only make minimum payments on your mortgage, and thus spend more money on interest.

On a 30 year mortgage on the average house, 6.73% interest rate (average in 2024), the total repayments come to $996,840, which is 137,500 hours, or 66 years of minimum wage work at 40 hours a week. Sure seems like a problem when that's longer than the term of the mortgage - at minimum wage you can't outpace the mortgage rates

Completing the same calculations with a 30 year mortgage in 1974 gives us a house costing a total of $90,457, or 22 years of minimum wage work. Still a little ridiculous, but doable on 2 incomes.