The mortgage payment to buy a median-priced home is now $2,649 — a new all-time high

Property taxes, insurance, and general home upkeep are not included and for many are more than the mortgage itself. And those costs absolutely increase over time.

See also Mortgage costs hit 2724 dollars a month up 82 percent from pre pandemic levels, It sits 72 percent higher than 2007 bubble peak.

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h/t TonyLiberty