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@kc316 Thanks man, I appreciate the invitation but honestly it would be difficult with a mixed family. Things are definitely different when it comes to housing in the coasts. These wild swings are nuts and hard to feel like it’s not fair at times. My wife and I are literally paying over double...

@kc316 Just because you grew up that way doesn’t mean that you’re not currently disconnected from reality. I lived in a low cost area and rent has almost doubled and home prices nearly tripled in the last 6ish years. The economy has changed since 1999. Wage growth hasn’t really changed. I’m...

@kc316 While you’re not wrong you seem to be divorced from the reality of the common American family

@kc316 But you are profiting because the mortgage balance is going down. In 30 years you’ll have maybe break even years but overall you’ll end up with a $200-400k asset which alone puts you in the richest 1% of the world.

@kc316 Difference is owning an asset vs not. Those costs are still investments and other years you’ll barely spend anything

@kc316 I’ve been renting and would have bought already if home prices wouldn’t have nearly tripled in the last 6-8 years. Tons of people buying up just to rent has put home purchases out of touch for a lot of people. Compound that with people buying just to rent out via short term rentals and it...

@billybillyblue That’s where I’m at here in California. We’re saving for a home and would love a good deal and for values to go down but not if it means people are suffering. I want to pay less but I don’t want others to suffer either