Reply #18: The problem with housing

[Firespirit]

Rental housing has gotten as bad as mortgages. At the beginning of the year, my monthly rent on a 3-room apartment (NOT 3-bedroom) in a middle-class part of town was higher than my folks' monthly payment for a 3000-sq ft house, a ridiculous injustice that was lost on none of us. Paying that kind of money and building up no equity whatsoever will kill the "American Dream" for us. There are lower rents, certainly, but not in areas where you can actually get a job.