Reply to Fairly safe metro areas that are still affordable

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Thanks for the suggestions everyone. Maybe it’s just a dream to own my own home. [/quote]

Owning house is really not great at all in fact, I hate it. It is never ending repairs. There’s always something breaking. There’s a ton of maintenance and it’s just not worth it. I have no idea why you would wanna buy a house when you’re an empty nester when I’m an empty nester I am renting an apartment or living in a condo. I don’t wanna take care of the maintenance of the house. It is just too much especially with one adult. I think you should strongly reconsider this idea of owning a house. It’s really not that great and it really is a mortgage trap of debt for 30 years. There are better ways to spend your money. A house is not an investment. It’s just a place to live. Real estate is only an investment if it’s an income producing property and you don’t actually live there. [/quote]

OP here. I will be priced out if most rentals where I currently live within about four years if the rent keeps increasing at the same pace. I have lots of friends who bought a house in their 20s/early 30s and the house is now worth hundreds of thousands more. They’d make bank if they sold it (and a few are planning on selling soon when their kids graduate).

I never made enough as a single parent to buy a house which was fine back then. I was able to get my kids through college and renting wasn’t an issue. It is now. I just cannot afford it. I’ve been looking at renting cheaper properties like condos but they really aren’t cheaper anymore. I feel stuck and pretty much like a failure. I can’t afford to rent even though my salary is going up. I definitely wish I could go back in time and not go into teaching. I have the equivalent of two Master’s degrees but won’t be able to rent much of anything. Very frustrating. [/quote]

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