Price of many stuffs I usually buy increased by 50%, house I want to buy increase by 50%, compared to 2019 But my salary and deposit dont increase so much. So how should I handle this situation. I believe in hard working and american dream, I think I can afford most stuff by hard working. But those guys who decided to buy house in 2019 manage to save 500k$ It’s really hard for me to fill this 500k gap
The whole country is dealing with this and based on the current situation we’re in, no one’s figured it out
Even since I recall tracking housing market , 2014 , it has always been way above my comfort level . Been waiting for it to cool down and always regret why did not I buy it 2 yrs ago . In short what feels expensive now will be cheap in few yrs .
This didn’t apply to 2008 though. The houses there didn’t recover from 2005 peak until like 7 years later at 2012
I know it’s hard but keep going at it and doing all the right things you’re doing. Keep eyes wide open for opportunities. The most important thing is to not give up. You can’t win the game if you stop playing.
Buy a cheaper house. You’re welcome