this post was submitted on 14 Aug 2023
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No Stupid Questions

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I see a lot of expensive houses being built in my area. A LOT. And the weird thing is that they're being bought pretty quickly. Are these people just making more money than me? If so, what are they doing for a living? Or are they just living house poor? How exactly are they affording these places?

Edit: For reference, my neighborhood is starting to become popular (because the other popular neighborhoods have priced most people out of affording places there). The normal price of newer homes here is $700k. My home, built in 1965, which is 2500sq ft on a quarter acre of land, is $500k.

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[โ€“] [email protected] 0 points 1 year ago* (last edited 1 year ago) (1 children)

Because the system is rigged, the wet dream of the people who own america is a purely subscription/rent based economy where you own nothing and they own everything. Wake up, move somewhere more rural, or live out of a converted van/box truck. Otherwise sign the dotted line on half a million in mortgage debt and work the rest of your life to MAYBE pay it off before you die or your life burns down from a failed marriage or some other BS. I have no sympathy for grown ass adults who knowingly sign up for decades if indentured wagie slavery just so they can live in a suburbanite hellhole. "B-b-but I want a faaamilllyyy!" Good. Before you plop out some kids save up enough money to buy land and build a homestead out of pocket. DO NOT GET INTO DEBT IF YOU CAN HELP IT. DO NOT PAY A LANDLORD ALMOST ALL OF YOUR PAY. Other choices exist.

[โ€“] [email protected] 4 points 1 year ago

Yeah, show me how to not get into debt and be able to afford both land and a house. People usually don't have half a million+ lying around burning a hole in their pockets.