Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Was so close to buying in 2020 and 2021 and now those properties I could afford at 1.2 and 3% are at 1.7 and 6.8% and I am locked out of the UMC for the rest of my life. No equity here.
Why does a single woman need at $1.2 houses let alone a $1.7M house.
I have 2 kids. And you are missing the point. No house that was 1.2 2 years ago should be 1.7 now.
You should buy what you can afford and get on the property ladder. Then you can upgrade in the future. You don’t want to be 65 and renting.
DP. My DH and I own but at 65 would like to rent - no more upkeep.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Troll. Nobody who can afford a $1.5M house is waiting until 50 to buy their first house.
What part of “I can’t afford a 1.5M house at 7% but could have afforded that exact same house at 1.2 and 3% five minutes ago” don’t you understand?
Don’t buy a $1.5M house?
She’s upset that she COULD but then the prices and rates changed so drastically and quickly, she can’t. And in this area, $1.5 sometimes just gets you a basic and outdated house in decent condition. It’s not extravagant for a 50 year old.
You all would be livid in her shoes, no matter the price point.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Was so close to buying in 2020 and 2021 and now those properties I could afford at 1.2 and 3% are at 1.7 and 6.8% and I am locked out of the UMC for the rest of my life. No equity here.
Why does a single woman need at $1.2 houses let alone a $1.7M house.
I have 2 kids. And you are missing the point. No house that was 1.2 2 years ago should be 1.7 now.
You should buy what you can afford and get on the property ladder. Then you can upgrade in the future. You don’t want to be 65 and renting.
Anonymous wrote:Anonymous wrote:Shouldn't you be saving while you rent to offset the increase in prices? When we rented we lived in the cheapest place possible to save money because renting is throwing money away
Word do you think I have been doing for ten years raising my kids in a tiny rental so I could finally afford a nice house?
Anonymous wrote:Shouldn't you be saving while you rent to offset the increase in prices? When we rented we lived in the cheapest place possible to save money because renting is throwing money away
Anonymous wrote:Shouldn't you be saving while you rent to offset the increase in prices? When we rented we lived in the cheapest place possible to save money because renting is throwing money away
Anonymous wrote:Anonymous wrote:Anonymous wrote:If you’re not married why do you want a 1.7m house?! They are seriously not easy to take care of and maintain. Buy a great place in the city and live the single dream.
WTF? Only married people get to live in nice houses or good neighborhoods with good schools?
If I were single no way I’d limit myself to neighborhoods with good schools. Boring!
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP I can link some nice SFHs in the $190-400k range.
LMAO
Uh yeah. Maybe in Alabama.
Well, maybe relocating to place with lower COL isn’t a bad idea. Only in DMV does a single person with a million dollars to spend feel lower-class, geez.
Sounds like you’re ignorant about what has happened to real estate prices across the country, especially in the sunbelt. Real estate hasn’t increased that much in DC. In fact it’s significantly lagging compared to other locations. OP likely missed the boat to get a good deal in a LCOL state.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Troll. Nobody who can afford a $1.5M house is waiting until 50 to buy their first house.
What part of “I can’t afford a 1.5M house at 7% but could have afforded that exact same house at 1.2 and 3% five minutes ago” don’t you understand?
Don’t buy a $1.5M house?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP I can link some nice SFHs in the $190-400k range.
LMAO
Uh yeah. Maybe in Alabama.
Well, maybe relocating to place with lower COL isn’t a bad idea. Only in DMV does a single person with a million dollars to spend feel lower-class, geez.
Anonymous wrote:Anonymous wrote:If you’re not married why do you want a 1.7m house?! They are seriously not easy to take care of and maintain. Buy a great place in the city and live the single dream.
WTF? Only married people get to live in nice houses or good neighborhoods with good schools?