Yup, I have 2 kids going to college. It will be several years before they

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Nov 29, 2022
11:35:32am

Tonto All-American

Yup, I have 2 kids going to college. It will be several years before they

can afford to buy a home after they graduate. It's crazy what a "starter home" costs currently.

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Tonto

Previous username: Jethro
Bio page: Tonto
Joined: Oct 13, 2010
Last login: May 3, 2024
Total posts: 2,413 (66 FO)

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Messages

Author

Time

How much do you need to make to afford a 400k home with current rates? 165k-190k

Tonto

11/29/22 11:13am

Yikes…..which is like 98% of the country doesn’t make that much a year

Chefcurry

11/29/22 11:22am

Housing expenses may sound the death knell of stay-at-home parenting.

CrackerJack

11/29/22 11:25am

It's practically non-existant, already.

fattycoug

11/29/22 11:38am

The childcare costs are so high it does not pay to go to work for a lot. My

Ycrazy

11/29/22 11:41am

Most people in this situation still do it because of the insurance coverage from

11/29/22 11:47am

Yup, I have 2 kids going to college. It will be several years before they

Tonto

11/29/22 11:35am

“But interest rates were this high in the 2000’s” - Every person I know who

zuko

11/29/22 11:50am

Yes but my home has increased 400% since 2000 wages in general have not.

Ycrazy

11/29/22 12:12pm

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