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There is a shortage of homes in US for people who make less than $100,000 (www.cnbc.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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[–] [email protected] 4 points 1 year ago* (last edited 1 year ago)

I hear ya.

I was still saving to buy a house in 2019 when circumstances beyond my control forced me to accelerate that timeline significantly. My offer was accepted in October and closed and moved-in mid December of that same year. Got a decent interest rate and then refinanced less than a year later during COVID when rates went down even lower.

2019 was a rough year, but had the unfortunate circumstances not happened and I waited until 2021-2022 to house hunt (which was my original timeline), I'd be in the same boat. I consider myself very lucky even though 2019 was pretty awful otherwise.