I was so close and now I’m shut out

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Was so close to buying in 2020 and 2021 and now those properties I could afford at 1.2 and 3% are at 1.7 and 6.8% and I am locked out of the UMC for the rest of my life. No equity here.

Why does a single woman need at $1.2 houses let alone a $1.7M house.

I have 2 kids. And you are missing the point. No house that was 1.2 2 years ago should be 1.7 now.

Is this what you are going to be telling yourself the next 30 years? All these houses should actually be less, therefor… what exactly?

House prices don’t go up or down perfectly smoothly with inflation. They move lumpy just like all assets.

[Anonymous]

OP I can link some nice SFHs in the $190-400k range.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Was so close to buying in 2020 and 2021 and now those properties I could afford at 1.2 and 3% are at 1.7 and 6.8% and I am locked out of the UMC for the rest of my life. No equity here.

Why does a single woman need at $1.2 houses let alone a $1.7M house.

I have 2 kids. And you are missing the point. No house that was 1.2 2 years ago should be 1.7 now.

You should buy what you can afford and get on the property ladder. Then you can upgrade in the future. You don’t want to be 65 and renting.

[Anonymous]

Anonymous wrote:Move to Atlanta.

Is this a joke? Prices in Atlanta went up even more.

[Anonymous]

Anonymous wrote:Was so close to buying in 2020 and 2021 and now those properties I could afford at 1.2 and 3% are at 1.7 and 6.8% and I am locked out of the UMC for the rest of my life. No equity here.

What zip codes are you looking at?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Was so close to buying in 2020 and 2021 and now those properties I could afford at 1.2 and 3% are at 1.7 and 6.8% and I am locked out of the UMC for the rest of my life. No equity here.

Why does a single woman need at $1.2 houses let alone a $1.7M house.

Why not?

[Anonymous]

Get yourself—and your two kids—out of the “cheaper rental” you’re in and buy yourself a nice, cozy home. There are many. Many. Many. For under 1M. And with the money you have put away for a larger downpayment…either save or invest in upgrades for your home.

Why won’t you do that? Because given your statements on this thread, you seem determined to be miserable.

[Anonymous]

Umc don’t buy houses at that price.

[Anonymous]

OP is correct. Houses in my neighborhood that would have been $1.2 a few years ago are now going for $1.6 or more. It is depressing for those of us who were looking and could have bought but didn't do it quickly enough and now find that we missed the boat. But it really doesn't help to dwell on it! You can only move forward from where you are and who knows what the future will bring.

[Anonymous]

Anonymous wrote:OP is correct. Houses in my neighborhood that would have been $1.2 a few years ago are now going for $1.6 or more. It is depressing for those of us who were looking and could have bought but didn't do it quickly enough and now find that we missed the boat. But it really doesn't help to dwell on it! You can only move forward from where you are and who knows what the future will bring.

Same. We’re now priced out of a neighborhood we love and hoped to buy in.

It’s pathetic that so many of the people on this forum can’t have compassion for people priced out by a ridiculous and unimaginable sharp increase in such a short time. Just confirms my suspicions that half of you are corporate slumlords, brokers, and builders greedy for cash.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP is correct. Houses in my neighborhood that would have been $1.2 a few years ago are now going for $1.6 or more. It is depressing for those of us who were looking and could have bought but didn't do it quickly enough and now find that we missed the boat. But it really doesn't help to dwell on it! You can only move forward from where you are and who knows what the future will bring.

Same. We’re now priced out of a neighborhood we love and hoped to buy in.

It’s pathetic that so many of the people on this forum can’t have compassion for people priced out by a ridiculous and unimaginable sharp increase in such a short time. Just confirms my suspicions that half of you are corporate slumlords, brokers, and builders greedy for cash.

I have zero compassion for someone who is mad they can afford a $1M house. Zero.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Was so close to buying in 2020 and 2021 and now those properties I could afford at 1.2 and 3% are at 1.7 and 6.8% and I am locked out of the UMC for the rest of my life. No equity here.

Why does a single woman need at $1.2 houses let alone a $1.7M house.

I have 2 kids. And you are missing the point. No house that was 1.2 2 years ago should be 1.7 now.

Not true at all.

You don’t get to dictate markets or appreciation

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP is correct. Houses in my neighborhood that would have been $1.2 a few years ago are now going for $1.6 or more. It is depressing for those of us who were looking and could have bought but didn't do it quickly enough and now find that we missed the boat. But it really doesn't help to dwell on it! You can only move forward from where you are and who knows what the future will bring.

Same. We’re now priced out of a neighborhood we love and hoped to buy in.

It’s pathetic that so many of the people on this forum can’t have compassion for people priced out by a ridiculous and unimaginable sharp increase in such a short time. Just confirms my suspicions that half of you are corporate slumlords, brokers, and builders greedy for cash.

I have zero compassion for someone who is mad they can afford a $1M house. Zero.

Right? There is no house for with a smaller price tag that OP can buy? Only $1 million houses will do? Seethe then OP.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP is correct. Houses in my neighborhood that would have been $1.2 a few years ago are now going for $1.6 or more. It is depressing for those of us who were looking and could have bought but didn't do it quickly enough and now find that we missed the boat. But it really doesn't help to dwell on it! You can only move forward from where you are and who knows what the future will bring.

Same. We’re now priced out of a neighborhood we love and hoped to buy in.

It’s pathetic that so many of the people on this forum can’t have compassion for people priced out by a ridiculous and unimaginable sharp increase in such a short time. Just confirms my suspicions that half of you are corporate slumlords, brokers, and builders greedy for cash.

Eh, no, some of us just have a lot less money and find it hard to have compassion for saying houses worth 2-3x as much as ours are dumps and it's a horror to settle for them. As a firmly MC person I just have trouble thinking of my existence as a tragedy.

[Anonymous]

Anonymous wrote:OP I can link some nice SFHs in the $190-400k range.

LMAO