What I don't understand is, why TF are people still renting when house prices are sliding and interest rates are still relatively on the low low.
House prices are not sliding. Sales are. Prices are slowing but they’re still going up. It’s also cheaper to rent the buy the equivalent place. The exception to prices is Seattle, which is in the top of the first inning. Seattle will crash and burn badly.
Cause not everyone has a high TC, duh!
What you pay is irrelevant. Likely you are looking for %of income?
Both are useful IMO, but yea should make another poll later.
$1075 for one bed in a 3 bedroom
I pay just under $3k for a 3br/2ba house with a basement and 2 car garage (yep, have kids), but it’s a 60-90 minute commute from work.
Why would you do that. Sounds painful losing precious time you could have spent with kids but instead in traffic
I take a corporate bus, so my commute is part of my work day. I leave the house at 7:30am, drop kids off at school, then head to my bus. I get back home around 6:30. The tradeoff for the ability to keep more of my pay is worth it.
I pay $1.9k for a 2bd/1.5ba in SV (40min commute to work). I can afford a $1m+ home but refuse out of principal to pay this for a shithole. Plus add in the external costs of maintenance and being anchored financially adds to the negatory. I like to be flexible. I already own investment properties and its already a PITA as it is.
This is how I feel, completely. I’ve been saving for a down-payment, but I know as soon as I signed the mortgage papers I’d be trading a comfortable standard of living for house-poorness.
Working Parents
Yesterday
1006
What do you think is wrong with a kid who got rejected by 9 colleges?
Working Parents
15h
1139
Closed now - thank you all
Tech Industry
5h
492
Rejected my TikTok offer. Something I’m gonna regret?
Tech Industry
4h
652
Women, help me understand why this is inspirational
Tech Industry
Yesterday
2913
Quitting this Slave life
Shared 2 bedroom?
Wow that’s cheap! Which apartments are these? $2100 for 2BR