With rates where they are, rent is more Funny Sister Jean Loyola We Are On A Mission From God Shirt expensive than owning a lot of the time. My rent on a 1 bedroom apartment, 1,100 sq ft, was 1,300. I bought my first house recently and now pay 1,700 for 3k sq ft on 4.5 acres with wood floors and quartz countertops that cost 500k. Half a million-dollar house is only like 20% more than a decent 1 bedroom apartment. I have a friend who just bought a nice 4 bedroom for like 380k, and he is literally paying less in mortgage than he was renting a 1 bedroom apartment.
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The trick is finding somewhere like that Funny Sister Jean Loyola We Are On A Mission From God Shirt where wages aren’t in the toilet though. Yeah Ohio has cheap places to buy, but their wages are massively lower I’m comparing oh to CA, I’ve spent significant time in both. We could all move into the fried potato Oregon compound. I have some experience with heavy ag machinery so maybe I could get in if he does open it up. The cheap places don’t have jobs. And when someone inevitably mentions some fringe, vacant position, or the trades, there aren’t enough of those positions to give most people a living wage either. Not to mention what happens to the salary of a field that’s flooded with labor.
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