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There's no way that 26-year-olds can afford a 1500sf house in those areas because the only jobs available are at Walmart. The places where 26-year-olds can get
by Grishnakh 10y ago
There's no way that 26-year-olds can afford a 1500sf house in those areas because the only jobs available are at Walmart. The places where 26-year-olds can get good-paying jobs are also places where the real estate is much more expensive.
- gozur88 10y ago"No way"? In a lot of place you can get a 1500 sq ft house for under $150k. https://www.discover.com/home-loans/blog/how-expensive-is-your-state https://www.discover.com/home-loans/blog/how-expensive-is-yo... At current interest rates you can make payments on a $150k home if you make $15/hr. http://michaelbluejay.com/house/howmuchhome.html http://michaelbluejay.com/house/howmuchhome.html Where in the country can you not make $15/hr by age 26?
- Grishnakh 10y ago>Where in the country can you not make $15/hr by age 26? Any town where the only jobs are at Walmart and the feed-and-seed store. Walmart doesn't pay those kinds of wages in rural locations (or probably anywhere else, unless you're a manager).