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I don't know why this was downvoted. There's a pretty solid floor for the cost of housing in the US and WFH has only solidified it. It doesn't really matter wha
by usrn 4y ago
I don't know why this was downvoted. There's a pretty solid floor for the cost of housing in the US and WFH has only solidified it. It doesn't really matter what you're willing to put up with, you can't really get bellow it.
EDIT: For rent it's probably around $1.4k/month. Actually buying a house can fluctuate but if you're living paycheck to paycheck you're not saving up for a down payment.
EDIT2: I don't know what you think you're buying with 100k anywhere.
- sbelskie 4y agoWhat is that floor? I’m pretty skeptical of that claim given how cheap houses are where I live (relative to the rest of the country).
- rufus_foreman 4y agoNo, that's insane. 100K in Tulsa really is different than 100K in SF.
- ketzu 4y agoPeople probably look at results like these [1,2] and think that there are states/counties where 100k nearly buys you a full house, while others have 5~10 times those costs. [1] https://worldpopulationreview.com/state-rankings/housing-costs-by-state https://worldpopulationreview.com/state-rankings/housing-cos... [2] https://www.nar.realtor/research-and-statistics/housing-statistics/county-median-home-prices-and-monthly-mortgage-payment https://www.nar.realtor/research-and-statistics/housing-stat...