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Reply to "How does anyone find a job that pays enough to afford a home here?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think salaries have gone way up in respect to housing prices. My house value is pretty much exactly the same as when I bought it 13 years ago with a cumulative of 41% inflation. However, I am essentially earning the same as I did at that time despite numerous years of experience, maybe a percentage point or two increase. So, people entering the market a few years ago have quite the buying power. EG they can afford to go and get themselves a mortgage if they want to buy my house. Even considering the one bright spot of my matriculation was that mortgage rates were rock bottom. That being said, I wish mortgage rates were lower, so that I can raise the price of my house.[/quote] You must not live around here. When we were first striving for a 3br 10 years ago, they were $1M. We thought, oh in 3-4 years we’ll be able to afford that. The same 3brs 3-4 years later were then $1.2M. And now they are $1.6. We cannot earn or save enough to reach the first rung on the ladder. [/quote] You have champagne tastes on a beer budget. [/quote] More likely she has beer taste but the bar is way overpriced.[/quote] Sounds like she wants a 2023 new construction, 5500 sqft, top of the line finishes, sub zero fridge, in a cul-de-sac hood of McLean, inside beltway, walkable to the golf course, movies and coffee shops, and priced at $500,000.[/quote] You got all of that from her stating that they wanted a 3 bedroom house? Get a life, you miserable loser. Oh wait, you can’t! Because you’re spending all your money on your average house lol.[/quote]
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