The Jungle

does the family get a good deal on the house they purchase? why or why not?

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No, the family does not get a good deal on the house they purchase.

"The family sees an advertisement for a house to buy, and they decide that it will be worth their money to buy instead of throwing away their money on rent every month. The house is advertised as new, though it does not look that way, and the real estate agent is a slick man and sells it to them for only a few hundred dollars down. The family balks at the contract, however, when it says that they will only be renting the house, but several lawyers tell them that this is standard and that after seven years of payments they will own the house. The family signs the agreement and moves into the house. They buy new furniture and all settle into their new lives. Marija and Jonas get jobs, and soon Ona and little Stanislovas, one of the family's children, work as well, but they always afford their payment. Soon, however, they find out that they are charged interest on the house and must buy insurance. They soon find that the real estate company sells the houses as new, but then kicks out the occupants when they cannot pay the rent and interest and then sells it to another naïve immigrant family."

Source(s)

http://www.gradesaver.com/the-jungle/study-guide/short-summary/