It’s extremely hard. I bought a house by myself last year, but I had the fortune(?) of living rent free in a van for 3 years while I saved as hard as I could. I was also working 2 jobs, 7 days a week, earning about $145k a year. And it’s one of the cheapest houses in the area, a relatively small block. Now I only work 6 days a week. The value of my house has already gone up by 18%, in one year that I’ve been here. It’s madness.
A few people are, but the market has dropped like a rock over the past year. Several housing markets are seeing massive drops as post-COVID demand dried up.
Corporations are buying up homes to rent them out or tear them down to build small condos to rent out.
Land is limited in America and it’ll get worse. Before covid I didnt buy a 5 acre lot for $4k because it was out in the desert + wife was unsure of job opportunities. The same lot today is going for $20k.
I refuse to believe that anyone is buying homes
It’s extremely hard. I bought a house by myself last year, but I had the fortune(?) of living rent free in a van for 3 years while I saved as hard as I could. I was also working 2 jobs, 7 days a week, earning about $145k a year. And it’s one of the cheapest houses in the area, a relatively small block. Now I only work 6 days a week. The value of my house has already gone up by 18%, in one year that I’ve been here. It’s madness.
Absolutely none of what you just said makes any sense… However, I’m glad that you’re finally in a home.
A few people are, but the market has dropped like a rock over the past year. Several housing markets are seeing massive drops as post-COVID demand dried up.
Corporations are buying up homes to rent them out or tear them down to build small condos to rent out.
Land is limited in America and it’ll get worse. Before covid I didnt buy a 5 acre lot for $4k because it was out in the desert + wife was unsure of job opportunities. The same lot today is going for $20k.