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Subject
If you've bought a home in the past 30 years, what did you pay for it?
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[quote:WhiteAngel:MV81MTM3NzY4Xzk0MzEyOTk0X0Q0OTE5MkFC] Bought our home in 2009, it was a repo and needed a lot of work. It wasn't worth 100K but we had to buy it for $155K. This same house is now worth over $525K. Half a million for a house with 2,000 sq, including the basement. Stupid. [/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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