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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]You can buy a starter condo, build equity and sell after 15 years, that’s 600k toward your next home down and you are barely 40-45 years old.[/quote] Condos never build ann equity as single family homes, 15 years later you are going to be lighting years behind. You can never catch up unless you score a job that pays $200k+ . And we can all have those jobs, can we?[/quote] If you don't have money to buy a SFH, you shouldn't be comparing yourself to people who do. That option is off the table. Of course people who started with more money and made more money over the years are going to end up with more money than you. The question is who is going to be further ahead: the version of you that buys a condo and stays for 5-10 years or the version of you that rents for 5-10 years. A lot of it is going to come down to whether the actual time ends up being closer to 5 or closer to 10 years. [/quote]
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