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Reply to "Is home ownership out of reach for people under 30? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am a real estate attorney who oversaw the closing of more than 50,000 properties over 2 decades. There is a home in almost every budget. When people are ready to buy they can certainly find something. Whether they are willing to buy in the budget they can afford is an individual preference. IMO younger people today are far less likely than previous generations to do so. [/quote] There are pockets of neighborhoods in NYC and Boston that are not considered desirable. They are old triple deckers or two family. The people who are buying them are immigrants. They will fix the houses and neighborhoods and make a killing when they eventually sell. [/quote] Some areas never improve, look at Capital Heights or East Palo Alto. [/quote]
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