• Halosheep@lemm.ee
    link
    fedilink
    English
    arrow-up
    11
    ·
    8 months ago

    I’m moving into a house (renting) soon, and the owner bought it 8 years ago for $185,000. It’s now “worth” over $400,000.

    The only homes in that price range here are an hour away from where I work.

    • BoscoBear@lemmy.sdf.org
      link
      fedilink
      English
      arrow-up
      4
      ·
      8 months ago

      I know a karate instructor that just bought a 2br 2ba house for 40k, in Tucumcari new mexico

      There is affordable housing out there, but you really have to search, and you have to be flexible.

      I’m not saying there isn’t a shortage or that prices are inflated. The problem needs fixing.

      • Halosheep@lemm.ee
        link
        fedilink
        English
        arrow-up
        4
        ·
        8 months ago

        Very true, if I could work remotely I could easily afford a good size home just a little out of the DFW area.

        • BoscoBear@lemmy.sdf.org
          link
          fedilink
          English
          arrow-up
          2
          ·
          8 months ago

          What if switched jobs, even to a different line of work. DFW, and all of metro Texas is pretty expensive.

          I spent most of my career in Houston. We bought a lot of expensive houses and expensive cars. Honestly I never expected to live this long. I really wish I would have stashed money away to live the life I’m living now.