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ButterflyEffect · 3179 days ago · link · · parent · post: Renting in America Has Never Been This Expensive
I completely agree with you about rent disappearing down a black hole, you're not really acquiring anything out of it. In my case, yes, I have a lot of loans, but there's no point in me buying a house right now because of item 2 on my list of "general things young adults encounter in today's world", however, in the next few years (kleinbl00) it is very much a possibility. A mortgage on a place in some places would be cheaper than what I'm paying for a 1BR apartment right now. However, I have no idea where you can find a 1,400 sq ft. townhouse for $110,000. That seems low, but I'm no real estate mogul.