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Message
re: Home ownership losing importance as "American Dream"
Posted on 6/4/14 at 1:31 pm to Tiger n Miami AU83
Posted on 6/4/14 at 1:31 pm to Tiger n Miami AU83
Just to add some perspective of people my age, Late 20's...
We flat out can not afford to live anywhere near our current location with the same standard of living (square footage, granet, hardwood, crown modling, etc) if we bought. One huge reason outside of general pricing is Property Taxes, HOA Fees and Maintenance adding to the cost.
If I bought 5 miles from where I lived now I would live in a house build 30 years ago with most likely very few upgrades.
If I bought a house 45 miles from where I lived I could prob OT ball.
It seems to be a prevalent preference.
We flat out can not afford to live anywhere near our current location with the same standard of living (square footage, granet, hardwood, crown modling, etc) if we bought. One huge reason outside of general pricing is Property Taxes, HOA Fees and Maintenance adding to the cost.
If I bought 5 miles from where I lived now I would live in a house build 30 years ago with most likely very few upgrades.
If I bought a house 45 miles from where I lived I could prob OT ball.
It seems to be a prevalent preference.
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