My boomer uncle told me to just buy a house and stop renting.
I make $58,000 a year.
The cheapest house in my city is $380,000.
I’d need $76,000 for a 20% down payment.
I save $400 a month when everything goes right.
That’s 15 years of perfect months just to get to the front door.
No car repairs. No medical bills. No emergencies. No life.
Just saving.
He bought his first house at 29 with 3 months of salary.
Then told me I need better priorities.
@justalexoki It’s sad man, nothing brings me down like seeing someone who has lost their zeal for life and it seems so much more common these days. Hope brother can find Christ
Sellers are delusional and I’m tired of people pretending they aren’t.
Home prices need to drop 30% or more most markets or this number is going to keep growing.
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