system
A chat on subreddit /r/wallstreetbets
human
Would you rather finance $225,000 for a house with 5% fixed interest for 30 years OR $102,000 for a house with 14% fixed interest for 30 years? Your monthly payment would be the same.
gpt
wouldn't the $104k price point allow more folks access to it and more folks to pay it off sooner? the $225k price point favors people selling or already have real estate