Current Events > A house and kids is out of reach for me.. - Gen Zer

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Eramir
04/26/24 3:30:38 PM
#1:


https://x.com/wallstreetsilv/status/1783730858156806317?s=46&t=pGlQy9QzYotcsUa1DNrknw

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WingsOfGood
04/26/24 3:31:58 PM
#2:


by the time she is 30 homes will cost $1.5 million on average and in California they will $5 million at the lowest
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DarthAragorn
04/26/24 3:42:57 PM
#3:


Well it is

I'm 30 and it's out of reach for me

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GrandConjuraton
04/26/24 3:43:57 PM
#4:


>X

https://gamefaqs.gamespot.com/a/forum/b/b568481c.jpg

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When do we know how long we can break it? Where do we go to have some?
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Zeeak4444
04/26/24 3:45:30 PM
#5:


WingsOfGood posted...
by the time she is 30 homes will cost $1.5 million on average and in California they will $5 million at the lowest

idk man, I bought my place a few years ago when I was making $20 an hour with my GF.
Granted we were lucky to both start making more (and I substantially more) shortly after but even for the first ~2 years making about $40 total we werent struggling. We werent living lavishly either but never worried about making the payment.

When interest rates are low its not as scary as it sounds. I doubt well get back into the 2.x/3.x range, but even when we get back down to high 4s/low 5s, I imagine as long as you can collect the 3% down (or get a first time buyers program) youll end up paying roughly the same as you would renting even with the PMI.

getting the down payment isnt exactly easy, but no way impossible.

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