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re: Homebuilders cancelling contracts to sell for more on market
Posted on 3/29/22 at 4:12 pm to wadewilson
Posted on 3/29/22 at 4:12 pm to wadewilson
quote:
I'm sure that will be comforting to the homebuyer that has to deal with a deliberately inflated market.
There are lots of cities and states where housing costs are not as inflated as the "hot markets". At some point people to whom owning a house is that important will move there and things will normalize.
Just like I couldn't afford renting in a downtown Chicago high rise with a rooftop pool and gym out of college, I adjusted to what was realistic within my budget.
3
Posted on 3/29/22 at 4:18 pm to Chucktown_Badger
I see you were being responsible!
Posted on 3/29/22 at 5:01 pm to Chucktown_Badger
quote:
There are lots of cities and states where housing costs are not as inflated as the "hot markets"
Those hot markets are where a lot of jobs are. Not a big deal if you're full or even part time WFH, but boomers want asses back in seats now.
Posted on 3/29/22 at 5:14 pm to Chucktown_Badger
quote:
Just like I couldn't afford renting in a downtown Chicago high rise with a rooftop pool and gym out of college, I adjusted to what was realistic within my budget.
Which from prior posts we know was at least 15 years ago.
Look... it's fine to say, you can't afford to live downtown, so live 30 min away.
It's another to say... you can't afford to live downtow... live 2 hours away.
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