return2ozmaRenters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago
SanctusIf you don’t have a home now you soon won’t be able to buy one for a very long time.
tootoughtorememberThe cost of housing in my city, relative to median wages, is the highest it’s been since interest rates were 18%+, and it ain’t much better in any major city I can find work.
I think the ship has sailed on that one.
You don’t need shelter snowflake. /s
this thought pushed us to buy this year. Some instantly started mocking us for buying while rates are 6% - but nothing I can see on the horizon is going to halve rates in the near future.
And if they do by some strike of luck you can refinance
AtlasYeah, my boyfriend and I are in our mid twenties and still not moved out of his parents’ house, but we just made an offer on a house and it was accepted, so fingers crossed.
Shit is already so rough, and yet it doesn’t seem like it’ll get better. It’s a shame, really.