Literally the poorest condition house would cost 100% of 8 years of take-home pay of my engineer salary where I live. That’s before accounting for loan interest on 20% down payment (I have 5%) which would push it up to 18 full years of my labor.
A single-family house is simply not worth 15+ years of my life, and I’m actively looking into cheaper options.
Literally the poorest condition house would cost 100% of 8 years of take-home pay of my engineer salary where I live. That’s before accounting for loan interest on 20% down payment (I have 5%) which would push it up to 18 full years of my labor.
A single-family house is simply not worth 15+ years of my life, and I’m actively looking into cheaper options.