▲ 290 ▼ Is everybody just struggling financially right now? (lemmy.world) submitted 2 days ago by return2ozma@lemmy.world to c/asklemmy@lemmy.world 235 comments fedilink hide all child comments
[–] dream_weasel@sh.itjust.works 1 point 1 day ago (1 child) 2018? If we hadn't bought then I'm not sure we could have bought in. permalink fedilink source parent hideshow 2 child comments replies: [–] RBWells@lemmy.world 1 point 3 hours ago Around then, yeah. We had an odd confluence of events, landlord selling house out from under us right when I got some bonus $ that would make it possible to do beginning renovations and found a house that was solid but very oddly arranged so people didn't buy it and I could bargain, and a zero down government loan. I was utterly convinced we were buying at some peak, but fuck me, prices just kept getting higher until they now make no sense. I'm sure it's a bubble, housing has to have a relationship to wages in the area. The city has some programs to help people buy a house, forgivable down payment grants - if you live in the house 20 years you don't pay it back - and others to help low income homeowners with repairs, but of course the wait-list is insane. They are trying though. permalink fedilink source parent
[–] RBWells@lemmy.world 1 point 3 hours ago Around then, yeah. We had an odd confluence of events, landlord selling house out from under us right when I got some bonus $ that would make it possible to do beginning renovations and found a house that was solid but very oddly arranged so people didn't buy it and I could bargain, and a zero down government loan. I was utterly convinced we were buying at some peak, but fuck me, prices just kept getting higher until they now make no sense. I'm sure it's a bubble, housing has to have a relationship to wages in the area. The city has some programs to help people buy a house, forgivable down payment grants - if you live in the house 20 years you don't pay it back - and others to help low income homeowners with repairs, but of course the wait-list is insane. They are trying though. permalink fedilink source parent