Quote:
Originally Posted by ReynardMuldrake
Yeah it's not impossible but the buying opportunities just aren't there anymore. I bought a house in 2008 for around $110K that's worth about $260K today. If I tried to do that now, I wouldn't be able to do it. There simply aren't any starter homes available today in Johnson County.
Between housing prices and student loans, an entire generation is being priced out of home ownership. Or they have to choose between owning a house or having kids. For a lot of people, there's simply not enough money to do both.
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Yeah, it's going to be tough for a lot of people. Guess I was being encouraging by saying to try new ideas. Maybe, one has to move to a different area to earn a better income, then move back or get into a field that you can work from home, then move somewhere that homeownership is inexpensive-ish.
Maybe, during that 5 year plan home prices will collapse and new ownership will eventually come about.
Quote:
Originally Posted by Woogieman
Well, I'm bombarded several times a day by people telling me they "are making $5,000 a week on their side hustle", so I don't know what they are bitching about. And I definitely don't know why they still work a "first job" when their part time job actually earns them more....  |
Hey it won't be handed to anyone but there is opportunity if one persists.