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this post was submitted on 14 Aug 2024
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A Boring Dystopia
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These stories are always bullshit. They can't afford a 3000sqft single family home on an acre inside the beltway of a HCOL city. Anyone making $250k can easily afford a condo or townhome anywhere in the US. If you really need useless interior volume or wasteful yard space then you can move farther out and afford that.
Rough math after maxing 2 401ks, taxes and paying 1000 a month for insurance they should be making around 12k take home a month. Even with only 5% down they should be able to get into a 7-800k house and still have 4k-5k a month for other expenses. I found 25 results under 700k in the greater Portland area some as low as 479k (actually in Portland) for 2.5k sf min 4+ bedrooms 2 bath min 1/4 acre lot.
I'm in Canada. The outskirts of Miami are exactly the same price as Swift Current, Saskatchewan. 300 grand American or 400 Canadian. Exact same, except the canadian housing market is so fucked that a place in the literal center of buttfuck nowhere everyone is depressed suicide rate 27x national average....is Miami priced.
Tbf Miami is in Florida