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06:31 AM
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If you've bought a home in the past 30 years, what did you pay for it?
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:BFD:MV81MTM3NzY4Xzk0MzEwNjM2XzYxMjU5NEJC] [quote:Krakalakin:MV81MTM3NzY4Xzk0MzEwNjE0X0JEMUQ5NzE1] [quote:Anonymous Coward 81062799:MV81MTM3NzY4Xzk0MzA2NzQwX0RFQ0VCQjEy] 35 years old Bought first house when I was 24 in 2012 for $222,000 was a raised ranch on a pond, thought it was going to be my forever house put a lot of work into it. Ended up selling after a long term relationship ended Bought second house in in a beach neighborhood about a mile from the ocean $400,000 a nice colonial all updated bike riding distance to the beaches. Ended up selling when we had our first kid and because I really wanted more land/privacy Bought third house 11 acres along the salt ponds/ocean for $980,000 and have spent countless hours working on the land and home building a farm. Don’t think I’ll ever move from here but I’ve said that before [/quote] I get called out for BS when saying I can support a family of seven for under a couple thousand a month, but you blow hards freely claim to be gazillionaires with dream properties. pfft. [/quote] A LOT of things have to go just right to be able to afford a 200k home at 24. [/quote]
Original Message
My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major.
That house is now worth 300k and the neighborhood has gone to shit.
Wages have barely risen.
Sure, it's still the suburbs but now they have to lock their doors... for reasons.
Anyways, no wonder 30-40 somethings don't own homes.
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