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on that topic.... my oldest bro in law is having a tough time, he has a mansion paid cash for by parents, so no mortgage.
But his parents in China are retiring so they are like you gotta keep the house afloat yourself now, we have limited savings that we need to take care of ourselves.
So now he is scrambling to keep up with the huge heating costs, property tax, utilities and I wanna say he wasn't expecting it, so he has 2 car loans that takes up most of his income.
His wife joked about downsizing, and bro in law was like if the RE market wasn't as fucked as it is now, he would probably downsize lololol.
My wife is like he fucked, I am like naw... his parents got him, he should be fine.
But yea, he said he went from just food + 2 cars, to now all utilities + like elec/gas/internet etc etc. He just told us over CNY dinner that he even cancelled Youtube Premium, Amazon Prime, F1, Disney+ and NetFlix.
We be like... no, our free accounts that we freeload of lmao... but yea...
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