I had a basic but nice first house, but I sold it to move for a new job. I even was lucky enough to still make a bit of a profit. But not enough, and now I’m stuck back with renting again, can’t really afford to buy a new house with interest rates, prices, inflation eroding my income in other areas, and poor availability. I think back to my parents buying their first house and how nice it was by comparison, for a fraction of the price even adjusted for inflation and it gives me a really unfortunate sense of perspective, much less hearing stories like yours or from friends I know who are in a bad situations. I’m not struggling, but prospects for improving things aren’t great either, and that seems to be the case for everyone I know.
I had a basic but nice first house, but I sold it to move for a new job. I even was lucky enough to still make a bit of a profit. But not enough, and now I’m stuck back with renting again, can’t really afford to buy a new house with interest rates, prices, inflation eroding my income in other areas, and poor availability. I think back to my parents buying their first house and how nice it was by comparison, for a fraction of the price even adjusted for inflation and it gives me a really unfortunate sense of perspective, much less hearing stories like yours or from friends I know who are in a bad situations. I’m not struggling, but prospects for improving things aren’t great either, and that seems to be the case for everyone I know.