^
I think he lives in San Diego like me. I still rent for a few reasons, one, that home prices are exceedingly high, the average home cost is like 673k. The average rent is like 1800. I don't have a family, nor plan on one, nor marriage. Most people I know in my age range of 30-35, from similar socioeconomic background parents have helped them buy a home/condo or lived at home until they were 30 or so to buy. My Dad says he wants to get me one, but he already has 2 properties, one he inherited, and isn't really responsible/generous enough to help, in all honesty. That property is going to be worth like 2 million soon.
So, what most buildings in downtown SD are, is either high end rental only or condos that start at like 1.5 million. The renting class is growing, because even 100k plus isn't really enough to buy a 1 million plus dollar condo. So, all the older buildings are being cleaned out, which is what I want to buy, and those are still in the 400-600k range.
estimated value is up 33% since i bought in sep 18
for now anyway...until i pull off a coup on the hoa
