4 ms·

Is it me or is that stat not that bad at all? Considering the price of ownership, having 80% of people being able to (eventually) afford to buy real estate seem

• charwalker 7y ago
  Is eventually 3-5 years? 5-10? 10-20? I'm looking to have my current debts paid in 3-5 and down payment on a house or similar in 8-10, looking to buy (if reasonable) at that time. I'm also doing about 25% better salary wise than I'd expect at this point so that has accelerated my debt payments by a few years. But if the economy tanks again, as it usually does after a conservative party owns the US government for a few years, then I won't have cash on hand to buy anything and could lose my job and more before paying off my debt and building serious savings for a house. I'd likely push this whole thought process out 12-15 years at best given rent costs don't increase dramatically. In my case, I'd say it's bad.