re: Cost to buy = $2,700/month. Cost to rent = $1,850/month

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Inflation has been a problem for many generations.

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Sure boomer…..this current inflation is totes normal and absolutely not the highest it’s been in over 40 years and showing to still climb.

And even if not…..you should still just stop complaining about it.

You couldn’t build a boomer in a lab that could come up with a more typical argument.

wrong. please try to stay under 1000 posts. You bring nothing to the board and you are clearly just full of shite.

Don't know but houses for sale are no longer flying off the shelf

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Move to a less expensive area. I.e. the country. Boonies. Where tens of thousands of other employees are not fighting each other (with their wallets) for the same 5 houses.

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Fwiw, my gf and I are in the top 5 percent in the city we live in, not meant as a brag more meant as it's a weird market out there.

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most new construction is not for sale.

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I'm seeing this outside Atlanta too. Building subdivisions but nothing for sale. They are all rentals only. You can walk up to the office with a briefcase of $500,000 cash and they'll tell you to frick off. Rentals only. Nice houses too, nice amenities.

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Sure boomer…..this current inflation is totes normal and absolutely not the highest it’s been in over 40 years and showing to still climb.

And even if not…..you should still just stop complaining about it.

You couldn’t build a boomer in a lab that could come up with a more typical argument.

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Boomers were your age when inflation in the late 70's hit and our gasoline was being rationed. And now you are lecturing them about inflation.

I think my interest rate was between 5 and 6. It was on the Northshore. Sold it in 2005 after Katrina because I had just bought another house 2 weeks before Katrina. I didn't mark it up beyond pre-katrina value when I sold it either. I felt for all the people coming to look at it.

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Boomers were your age when inflation in the late 70's hit and our gasoline was being rationed. And now you are lecturing them about inflation

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He sure will but...

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By 1981, inflation had risen to 9.5%. The Federal Reserve combated inflation by increasing the federal funds rate, an overnight benchmark rate that banks charge each other. Continued hikes in the fed funds rate pushed mortgage rates to an all-time high of 18.45% in 1981.

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at those who think they've had it tougher than generations past.

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That's good and people could take a lesson about living within their means and delaying gratification when they're young. Why is someone down voting you?

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Doesn't matter.

I agree that real estate is stupid right now but I also think young people try to live lifestyles that aren't comparable to their parents or older generations. Real estate will eventually correct imo. The current path is unsustainable.