Reply to How does a single person buy a house around here

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There is a difference b/t affording something and buying something. Unless you have major savings and absolutely no bills, you can't afford a $1.5m house without making significant sacrifices in other parts of your life. $300k is not a lot of money. It's not bad, but it's not great.[/quote]

It’s a huge amount and they can afford a house.  [/quote]

It is not a huge amount of money

after taxes, 401k, insurance they will be lucky to net 15k a month. while a healthy lifestyle, not "huge".

A 1M home is not huge if they live near the city, factor in taxes, etc, they are paying half their net in mortgage costs.

Also, it will take a while to save 300k on a 300k gross salary. [/quote]

You'd have a point if homes under $1M didn't exist but they do and they're both freely available and affordable for OP and anyone else with a $300K income to purchase. [/quote]

Hence why I said near the city. Sure they can go live a great life in Damascus but most single people realistically are living near urban centers/suburbs[/quote]

There are also plenty of sub-$1M properties near and even in the city.

The fact that you don't know this only reinforces how out of touch, ignorant, and entitled you are. [/quote]

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