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re: Baffled as to how single people afford houses currently

Posted on 10/14/23 at 10:48 pm to
Posted by WhereisAtlanta
Member since Jun 2016
847 posts
Posted on 10/14/23 at 10:48 pm to
quote:

Looking at properties in Dallas, 400k in town buys a real run-down place in a rough part of town at present.



False
Posted by Trevaylin
south texas
Member since Feb 2019
5967 posts
Posted on 10/14/23 at 11:19 pm to
Thread has not recognized the cost of home owners insurance, which is mandatory if you have a mortgage. Easy to spend 500$/mo on this item
Posted by GeauxTigers123
Member since Feb 2007
1372 posts
Posted on 10/15/23 at 7:46 am to
quote:

quote:Looking at properties in Dallas, 400k in town buys a real run-down place in a rough part of town at present.


False



You can get single family houses in far northern Dallas for low 400s actually in city limits. School district won’t be good and police response time will be slow. Dallas PD is way understaffed.

Crazy thing is that like 10 years ago those homes were in the 200s.
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