A millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor' - eviltoast
  • Socsa@sh.itjust.works
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    3 months ago

    These stories are always bullshit. They can’t afford a 3000sqft single family home on an acre inside the beltway of a HCOL city. Anyone making $250k can easily afford a condo or townhome anywhere in the US. If you really need useless interior volume or wasteful yard space then you can move farther out and afford that.

    • goddard@lemm.ee
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      3 months ago

      Wasteful yard space? Do you enjoy playing Frisbee buddy? How about just running around with your kids.

    • lunarul@lemmy.world
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      3 months ago

      Out of curiosity I checked how much a 3000 sq ft home on 1 acre lot is in my area. The only thing under $4m was a $2.4m fixer-upper.

    • Zannsolo@lemmy.world
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      3 months ago

      Rough math after maxing 2 401ks, taxes and paying 1000 a month for insurance they should be making around 12k take home a month. Even with only 5% down they should be able to get into a 7-800k house and still have 4k-5k a month for other expenses. I found 25 results under 700k in the greater Portland area some as low as 479k (actually in Portland) for 2.5k sf min 4+ bedrooms 2 bath min 1/4 acre lot.

      • John_McMurray@lemmy.dbzer0.com
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        3 months ago

        I’m in Canada. The outskirts of Miami are exactly the same price as Swift Current, Saskatchewan. 300 grand American or 400 Canadian. Exact same, except the canadian housing market is so fucked that a place in the literal center of buttfuck nowhere everyone is depressed suicide rate 27x national average…is Miami priced.

    • irish_link@lemmy.world
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      3 months ago

      I beg you to show me what you can find in the Portland OR area for 250K. Even if you look outside about an hours drive there isn’t much. The best I could find was a 2 Bed 2 Bath with about 1000 sq/f. https://www.zillow.com/homedetails/7545-N-Olin-Ave-201-Portland-OR-97203/350854324_zpid/

      Please don’t disparage others situations or minimize a situation because you have the benefit of living in a place you can afford with a job that lets you live there.

    • orcrist@lemm.ee
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      3 months ago

      Well that’s always going to depend on what commute length you feel is acceptable. What’s your range? An hour each way? Two?