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I just bought a house 2 weeks ago. Mortgage is $1200, rent for an apartment with one less room and no yard for the puppers is $1300...plus extreme competition f
by potta_coffee 8y ago
I just bought a house 2 weeks ago. Mortgage is $1200, rent for an apartment with one less room and no yard for the puppers is $1300...plus extreme competition for that rental. Buying a house was pretty much a no-brainer for me this time around.
- mrguyorama 8y agoThere are quite literally zero homes in my price range within about 50 miles. I pay ~$1300 a month for 750sq ft and utilities. As a single guy, my only choice to not burn the money on rent would be to find a significant other or some other form of housemate and lock ourselves into a long term relationship. The market is absurd.
- potta_coffee 8y agoYeah market is crazy. I live in a smaller city so it's still somewhat doable but prices are steadily rising here and competition for both rentals and homes for sale is really crazy. I got outbid on three houses, some of my bids were 20k+ greater than asking price.