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I hear ya.
I was still saving to buy a house in 2019 when circumstances beyond my control forced me to accelerate that timeline significantly. My offer was accepted in October and closed and moved-in mid December of that same year. Got a decent interest rate and then refinanced less than a year later during COVID when rates went down even lower.
2019 was a rough year, but had the unfortunate circumstances not happened and I waited until 2021-2022 to house hunt (which was my original timeline), I’d be in the same boat. I consider myself very lucky even though 2019 was pretty awful otherwise.
the median price for a house in my area is $900k. median. if I wanted to buy a house that wasnt in a crime ridden hell hole, I’d have to move somewhere that has no jobs.
my project at this point in time is building an RV and living it in until I can afford to buy land and run water/sewer/electricity to it. the upside is that a house on wheels can drive where it’s warm.
Housing needs to become a right in America.
corporate landlords need to be regulated. Right now Investment firms own more than 25%(as of 2022 and number is expected to rise) of all single family homes in America. It was impossible to buy a home trying to compete with these corporate investors because they would make upfront cash offers no strings. These corporate landlords are just a parasite feeding off our economy.
wait people who make less than 100k can afford to buy a house?
