Reply to Anyone else who will likely never be a home owner?

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Reply to "Anyone else who will likely never be a home owner?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We’re in the position to buy but prices have gone up $200-300,000 in the past three years. This plus interest rates moves us back down to a fixer upper or a townhouse instead.  We couldn’t compete with the all cash, no inspection crowd responsible for these increases and now we’re dealing with the consequences too. Not a fan of this game. [/quote]

Yup. We bought a far out, fixer upper TH in a so-so neighborhood, thinking we'd build equity and move to an SFH. That now looks impossible. Predictably, the SFHs have appreciated twice as much as the THs, and we've sunk tens of thousands into major repairs we couldn't DIY. So i find this "you should have got on the property ladder somehow" advice both smug and inaccurate.

That said, I guess I'm glad we're not renting?[/quote]

Some people on here who say they can’t afford a home have come off pretty obnoxious, but think it’s also important to point out that sometimes people just get unlucky like PP. And that sucks. [/quote]

A PP who said “choices are limited by options” nailed it.[/quote]

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