4 ms·
Nope, Greater Seattle Area. Still, we are a couple nearing our 40s, it seems insane to me that we need to "settle down" for a 1 bedroom flat while making ~3x t
by angarg12 4y ago
Nope, Greater Seattle Area.
Still, we are a couple nearing our 40s, it seems insane to me that we need to "settle down" for a 1 bedroom flat while making ~3x the median local income.
- mfer 4y agoThere are a few areas where housing values are massively higher than the rest of the country. You are in one of them. Have you looked at how many people need to commute there to work because they can’t afford to live there
- eddsh1994 4y agoOh I agree! But better to avoid renting in general imo, if it’s a possibility.
- fallingknife 4y agoNot correct. In most HCOL cities in the US, you can rent space for less than the equivalent cost to own. https://www.nytimes.com/2022/06/23/realestate/owning-renting-disparity.html https://www.nytimes.com/2022/06/23/realestate/owning-renting...
- taude 4y agoBefore Covid, there's sections of my city where you could either A) put 500K down + have 1M in outstanding mortgage (whatever that payment was) + 1600/month taxes + 1600/month condo fees or B) Rent a place in the same building for $4K/Month for similar sized apartment