Cooperative economics - people need to get married again or have serious partnerships. Don’t want that? cool, maybe you and your brother/sister or best friend(s) buy a place together. nikkas posted an article about single women buying places together last year and LOL’ed at the “lonely bytches”, but those women are choosing ownership and wealth building by getting in where they fit in. Too many people want to be 100% on their own and also move up in a world that stacked against the average person and where one of the proven best ways to have any hope in the game is pooling resources
The prevalence of this mentality is why I'm going to do exactly that.I pitched these ideas to women I know and they were all against it. I've been saving since before COVID to try and get a property but nobody is trying to build for real. They'll say all this mess about being independent when I break the numbers down and show them how easy things are with 2 I comes and they just say a man should be able to handle it without help
I swear if I would've got back together with my ex we probably could've seriously built some wealth then cashed out and went our separate ways again, she was the most financially on board woman I've ever known and was able to buy a home for herself while I was trying to time the market
I pitched these ideas to women I know and they were all against it. I've been saving since before COVID to try and get a property but nobody is trying to build for real. They'll say all this mess about being independent when I break the numbers down and show them how easy things are with 2 I comes and they just say a man should be able to handle it without help
I swear if I would've got back together with my ex we probably could've seriously built some wealth then cashed out and went our separate ways again, she was the most financially on board woman I've ever known and was able to buy a home for herself while I was trying to time the market
100%.
Homeowners don't realize they're gonna be trapped in their homes. If you are content to stay where you are......you will be set.
The folks talking about "wealth" forget a bunch of foreign nationals, banks and white kids inheriting money will have the means to drive prices up further. Your house will be worth more but finding something else will be more difficult. In no way does it make sense to have a shortage in a place like the United States. That's like having a sushi shortage in Japan.
How many jobs are in Topeka Kansas? What’s the average income? Is the 80k home a fukkin trap house or is it a neighborhood people would feel safe coming home to and raising a kid in? Most people looking to buy are 30-40, not necessarily the prime age for “guess I should say fukk off to the career I’ve been building and the college education I got, and join the army for four years so I can hope to buy a home”
Booooo. Should have joined the Marines. Congrats on your home purchase though.I just bought a home September of last year. My third home. It's a new home, 5/3 2700sqft. A lil smaller than NY last but brand new.
It's in a new division being built, we were like the 10th family out here. Four months later there's about 50 families out here!
People still buying homes. But guess who they are? MILITARY!
This is a military division as they offer VA loan specials. I think every family out here is military or prior military.
I've been telling my daughter that in the next 10 years, if you don't have the VA Loan, you had better be making $200k. Or you're not going be able to buy a nice house. Sure you'll be able to find a 30 year or older house in a less appreciated area. But you're not going find anything nice, new, or have all the upgrades. Which will be fine because you can just invest and upgrade what you do get.
It's becoming like in some those movies where if you're not military (a citizen) your opportunities are going be limited.
Go Army!
There are plenty of job openings in the places I mentioned, plus there are still remote work options, especially with small companies that need to keep cost down. The jobs aren't only in the desired cities plus because the competition in those cities, especially for the high paying jobs, you are probably better off looking around.Where the jobs at?
This isn't true, we aren't telling people to move to some rural town in West Virginia but people on this forum all seem to complain about affordability in the same areas, Atlanta, NYC, Houston, DC, Dallas, Los Angeles etc, people move to these areas because of lifestyle not just job prospects. If you want to be nurse or teacher for instance, there is absolutely no reason to live in Atlanta or NYC when your money would stretch much further in places like Cleveland, Indianapolis, or Detroit. Again, if you are complaining about affordability, why be there? What good is your job in these areas when if you can't do shyt? If desirable places became more affordable, yall still wouldn't get a place because the competition would increase. Those places are for the high earners. Either live with a whole bunch of family and friends or move.Thank you. People tend to skip over a lot of these cheap places are cheap because they aren’t job centers - they have poor job prospects, you got 2 hour commutes one way to the nearest job center, when you move there you’re going to be paid commensurate local wages which makes affordability relative in most cases, and there are only so many remote jobs available and shyt ton of people applying to each one, and of the remote jobs, it may be like 5-10% that won’t adjust your pay down for living in a LCOL area. This ain’t 2020 when the finesse was taking your California, DC, NY, Seattle, Boston pay and moving to Idaho, Utah, Texas and Florida.
This isn't true, we aren't telling people to move to some rural town in West Virginia but people on this forum all seem to complain about affordability in the same areas, Atlanta, NYC, Houston, DC, Dallas, Los Angeles etc, people move to these areas because of lifestyle not just job prospects. If you want to be nurse or teacher for instance, there is absolutely no reason to live in Atlanta or NYC when your money would stretch much further in places like Cleveland, Indianapolis, or Detroit. Again, if you are complaining about affordability, why be there? What good is your job in these areas when if you can't do shyt? If desirable places became more affordable, yall still wouldn't get a place because the competition would increase. Those places are for the high earners. Either live with a whole bunch of family and friends or move.