Are drivers spending over 1/2 their income on rent/mortgage & utilities?

[oldngray]

I bought twenty years ago. Remember in the early 2000’s it was a different time. Now you should buy property with mineral rights or the option to subdivide. Remember no matter where you live there is a housing crisis.

I cant answer for everyone but I know you will never lose in buying property.

Deed restrictions and HOA's can be evil

 

[Next Day Err]

I’m spending 10.45% of my estimated income this year on housing. I’m in a very fortunate position. I can max out my 401k, Roth IRA and still put away $25,000 for a future down payment in investments and savings.

 

[DOK]

I bought twenty years ago. Remember in the early 2000’s it was a different time. Now you should buy property with mineral rights or the option to subdivide. Remember no matter where you live there is a housing crisis.

I cant answer for everyone but I know you will never lose in buying property.

Real estate is a great investment, but never say never…..

 

[Up In Smoke]

Real estate is a great investment, but never say never…..

We bought our current house in 2010 for $218,000 less than the people who purchased it in 2004. Timing is important.

 

[IVE GOTTA PACKAGE 4U]

Real estate is a great investment, but never say never…..

I bonds!

 

[Over70irregs]

Not even a comparison. I was comparing five years ago to now.
The twenty somethings and thirty year old guys sold their starter homes and paid cash for their new home.

I’m getting an education. Didn’t realize the markets were so extreme in this country. All I know is if you bought a home five years ago it’s worth double now

It is definitely up in most markets

 

[Over70irregs]

I bonds!

You have to increase wages and invest to stay ahead in debased system.

 

[IVE GOTTA PACKAGE 4U]

You have to increase wages and invest to stay ahead in debased system.

That goes to my emergency money stock pile

 

[oldngray]

That goes to my emergency money stock pile

AKA beer money

 

[IVE GOTTA PACKAGE 4U]

AKA beer money

If you put it away every month you don't see it in your bank account

Plus I like that tax treatment of high bonds and t bills and treasury notes

 

[Over70irregs]

If you put it away every month you don't see it in your bank account

Plus I like that tax treatment of high bonds and t bills and treasury notes

Casualties of coincidence.

 

[IVE GOTTA PACKAGE 4U]

Casualties of coincidence.
View attachment 466646

Well the treasure is good bankrupt the whole economy is bankrupt

 

[Over70irregs]

Well the treasure is good bankrupt the whole economy is bankrupt

it is. Young people are going to rebel. Stick us all in old folks homes

 

[IVE GOTTA PACKAGE 4U]

it is. Young people are going to rebel. Stick us all in old folks homes

Just throw me over a hill

 

[Over70irregs]

Just throw me over a hill

Roll into a Hawaiian bunker

 

[Analbumcover]

We bought our current house in 2010 for $218,000 less than the people who purchased it in 2004. Timing is important.

Same. All the zoomer drivers in my building cant afford a decent home and are paying rent damn near my mortgage.

 

[IVE GOTTA PACKAGE 4U]

Roll into a Hawaiian bunker

Whatever it takes

 

[UnionStrong]

Same. All the zoomer drivers in my building cant afford a decent home and are paying rent damn near my mortgage.

Stupid bastards, I own 2 homes

 

[IVE GOTTA PACKAGE 4U]

Stupid bastards, I own 2 homes

WDFD

 

[UnionStrong]

WDFD

Lol