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In reply to the discussion: How the hell do people afford housing? [View all]Pakhet
(520 posts)26. I'd settle for a kitchen that had a stove younger than 31 yrs old
it came with the house and we've been there 24 years and would have paid it off if my step dad hadn't continually refinanced for the cash. I bought it for 69.5 and deaded it to my mother before moving to texas. when I got back from texas in 2006, the amount owed was 74...I've gotten it back down to 56 in the last 10 years. We stay despite the problems because there's no way to rent a 3 bedroom (or even 2 bedroom) anything for what I make in mtg payments. it's 40% of my income right now, which is much better than in past years
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No kidding. I couldn't afford the house in Maryland if I had to buy it again.
yeoman6987
Apr 2016
#38
Or some people know how to make their money earn money. I turned 3000 bucks
underahedgerow
Apr 2016
#25
Well that's it, isn't it? Staying in front of the game is the hardest part. It takes
underahedgerow
Apr 2016
#54
"No one gets rich by working from 9-5 and taking a paycheck from someone else."
SusanCalvin
Apr 2016
#35
Absolutely not!!!! It's a GOOD thing to not have unrealistic or lofty goals!
underahedgerow
Apr 2016
#51
My guess is either the show is completely full of shit, or they have family money. nt
ohnoyoudidnt
Apr 2016
#16
That $35,000 house bought in the 70's is probably worth a hundred grand now n/t
meow2u3
Apr 2016
#50
The only place I know of that you can find a home like that cheap is Detroit
yeoman6987
Apr 2016
#40
Detroit? I know a family that has few rentals and they live in them there and fix em and keep em
Person 2713
Apr 2016
#41
Half a mil given to them via inheritance, cashing in an annuity, or access to a trust?
haele
Apr 2016
#47
In lots of places they have to cram multiple roommates into their homes or apartments.
silvershadow
Apr 2016
#53
Los angeles, sf _ avg salaries are higher. Two incomes can carry the mortgage
Liberal_in_LA
Apr 2016
#64