Originally Posted by
vaxedtothemax
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Who knows how old you are. Hopefully old enough to know that housing is affordable if you’re willing to move to a place that is affordable. Like I did in my 20’s hence the reason I’ve only rented for 1 yr of my life.… A couple renters I have, that are 23, complain they can’t afford a house after paying me several thousand a month. I know they can afford a home if they tried not living in one of the most desirable locations in the US. I know places, near big cities, where you can get townhomes for less than $200k with low HOA’s. $1k/month for 2 bedroom townhomes. That seems pretty affordable to me.
This is an affordability thread… Maybe you didn’t see that in the title.
Yes, housing affordability is a problem. I’m bought my captain’s house is in 2017 as a foreclosure it’s doubled in price. I could barely afford it now with today’s interest rates. I’ve met quite a few younger people that just want to rent. They want to be able to shut the door go away for a week or 10 days on their days off and come back to a resort style apartment complex and not worry about a water heater exploding or the roof coming off their house I think it’s a different era in owning real estate.
You can travel the world while you’re young versus a senior citizen with your passport hanging around your neck on a group tour.