re: Single women buying more homes? Question about "economic decline" of men

My sister had her own place because she had two kids where she was making bank off child support, my dad helped her at every turn (you know, becauze she is a woman with his grandkids), she received food stamps out the arse because of the two young kids, worked a job that no single female or male should or could afford a house on, yet it all worked.

Check this, she actually made MORE and lived BETTER after she left her boyfriend of five years than at any point while living together.

It pays to be single mom with kids. I despised her for how she used him and then took both him and the state for all she could get.

quote:

---

The snake oil salesmen are out in force tonight.

---

at absolutely, rock solid, hundreds of years old advice to buy, not rent your home, as "snake oil" -

quote:

---

Real estate is high right now

---

Market timing isn't really a thing in residential real estate. It's more structure where you want/need to be, commute distance, schools (if you have kids), etc.

Yeah, you don't want to overbuy, pay for schools you're not going to use, or premiums that mean nothing to you (waterfront, etc.), but for long-term housing, buying versus renting wins 100 times out of 100.

Now, if you are going to be mobile and are not going to recoup your transaction costs (typically a 4 to 7 year payback) in a flat real estate market, sure you rent. Hell, I'm renting right now, so I can tell you it makes sense for a lot of reasons.

But, not as a financial investment. Renting isn't an investment in any way - it's an expense, however immediate and market-priced. A mortgage isn't technically an investment either, but it is the functional equivalent of one for stable folks, particularly couples, who can and do benefit financially from buying their home over time.

You don't have to believe that for it to be true.

quote:

---

Or if you know you want to live somewhere for 20 years.

---

Or really even 8, although you have to be more careful - real estate isn't a "can't miss" proposition. Nothing is.

quote:

---

Job mobility, instability, however you want to describe it, significantly diminishes the logical part of the charm of owning your own home.

---

Well, unless owning your home outright (say late career) gives you housing security, whereas you're only one missed rent payment from the pavement.

quote:

---

Also school teachers do fairly well and is mostly women. 

---

RN is a given. School teachers are notoriously paid low. Its one of the reasons I've tried to avoid the profession.

What salaries are the women making relative to the cost of living. Some schools pay better, but I've heard it's based on the type of schools and district.

quote:

---

lot of them have divorced out of the first marriage

---

I agree. This highlights my point. The message betrays the truth of the situation. Women are getting income from other sources than their job. So naturally more women are going to be "independent"

quote:

---

School teachers are notoriously paid low.

---

Ill bite. How are teachers making as much as 60k+ in states like LA, MS, AL, etc.

Yes I know metropolitan schools pay more, but COL either balances it out or puts you in a worse environment