My wife and I make about 145k a year together. I make double what she makes. Our house was 270k but was in a state of neglect. A move in ready house 200 sqft smaller than ours sold for 367k. You could save yourself a ton of money if you have some basic repair skills.
I appreciate you looking out. Trust me, if I was married, this wouldn't be a problem. I have certainly considered a fixer-upper, but at the same time, even those are being bought up quickly. Honestly, I was hoping covid would crash the housing market. But that didn't happen and I didn't realize these super rich fuck companies like Blackrock were going to buy everything up regardless.
That could still happen with the price increases on everything due to inflation. Several interest rate increases coming this year too. That will severely limit the buying ability for most people and it will kill demand. You're right about Blackrock. They will continue to buy up houses when the crash happens. All part of their plan.
(post is archived)