4 ms·
Houses are cheap everywhere outside of major metro areas. And raising kids is cheap if you have a stay-at-home spouse, send the kids to public school, and never
by jdm2212 2mo ago
Houses are cheap everywhere outside of major metro areas. And raising kids is cheap if you have a stay-at-home spouse, send the kids to public school, and never fly. So basically if you recreate the typical 1963 suburban living experience, this is totally workable on (for example) a teacher's salary.
- fsflover 2mo agohttps://news.ycombinator.com/item?id=49225082 https://news.ycombinator.com/item?id=49225082
- jdm2212 2mo agoThe kids are basically free (in dollar terms), if the kids go to public school, you don't fly, and you have a stay-at-home spouse who cooks and clips coupons. You also don't have to be wealthy to own property. Outside of major metros, you can get a house for $200-300k, so two houses is $400-600k and the three-unit rental building is probably less than that. And they're probably all mortgaged, not owned outright.