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re: New Realtor talking point: "Marry the house, date the rate"
Posted on 11/13/23 at 10:17 am to stout
Posted on 11/13/23 at 10:17 am to stout
Now compare the price of house in 1971 versus the price of a house now. Even adjusted for inflation a home costs such a higher percentage of our income it’s astounding.
And rent is so expensive how can anyone save up a down payment for a home?
And rent is so expensive how can anyone save up a down payment for a home?
2
Posted on 11/13/23 at 10:20 am to theronswanson
quote:
Now compare the price of house in 1971 versus the price of a house now. Even adjusted for inflation a home costs such a higher percentage of our income it’s astounding.
And rent is so expensive how can anyone save up a down payment for a home?
Women came into the workforce
Single people are getting the screws now
Posted on 11/13/23 at 12:19 pm to theronswanson
quote:
Now compare the price of house in 1971 versus the price of a house now. Even adjusted for inflation a home costs such a higher percentage of our income it’s astounding
Compare the house built in 1971 to the one now. 1971- possibly no central heat and air, 4 br house that's only 1600 living area, no 12 on 12 roof pitch, no his and her walk in closets, master bath is one toilet, one sink and shower only, formica counter tops in the kitchen, etc.
It's like the people that complain about what their parents paid for a new car all the while not taking into consideration the bells and whistles their car has now compared to 30 years ago.
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