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re: Where does the money come from to support home prices in Lakeview?

Posted on 4/3/22 at 10:45 pm to
Posted by Basura Blanco
Member since Dec 2011
8547 posts
Posted on 4/3/22 at 10:45 pm to
quote:

A household making 200-300k should not be buying a house over 600k


As a young couple buying first their first home, of course not.

As a 40 something year old couple who are in the market to upsize after paying off the mortgage on their first home and coming to the table with ~$300K in cash is an entirely different (and more likely) story.
Posted by GEAUXT
Member since Nov 2007
29321 posts
Posted on 4/4/22 at 6:45 am to
quote:

As a 40 something year old couple who are in the market to upsize after paying off the mortgage on their first home and coming to the table with ~$300K in cash is an entirely different (and more likely) story.


Yes, certainly this is different
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