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Comparing living near jobs and quality schools to living by a mansion on the beach is quite unfair - people don't solely desire the luxury of cities, they desir
by slymon99 3y ago
Comparing living near jobs and quality schools to living by a mansion on the beach is quite unfair - people don't solely desire the luxury of cities, they desire the opportunity for themselves and their families.
"Working your way up the property ladder"? The median sale price for a house in Westchester County, NY is seven hundred and fifty thousand dollars. With insurance and property taxes and the current interest rate, that's over six grand a month. That's a hair shy of the US median household income (before taxes!). How exactly is a person ever supposed to afford that?
- ipaddr 3y agoThey get in for a small %. Hold for a few years than sell for 1,000,000. They get a loan from parents They rent out their basement They partner up. They buy the lower priced 600,000 home and make repairs themselves.