pmk0286 t1_jegtzt1 wrote on March 31, 2023 at 10:31 PM

Or he/she bought the house before prices went bonkers. My 3BR 2 Bath in East Bay was 1100 a month with taxes (with 20% down payment) when I purchased back in 2013.

Locksmith-Pitiful t1_jegxtgl wrote on March 31, 2023 at 11:00 PM

Op is asking about current prices, you're talking about prices over a decade ago

pmk0286 t1_jegz5w4 wrote on March 31, 2023 at 11:10 PM

Agree, much tougher now, was referring to u/vast-celebration3322 post

Locksmith-Pitiful t1_jegzecl wrote on March 31, 2023 at 11:12 PM

I guess.. not sure why they commented when the prices they're paying are out of date

pmk0286 t1_jegzvbd wrote on March 31, 2023 at 11:15 PM

If it’s any consolation, in 07/08/09 when I first started looking house prices also sucked..but there is sometimes a silver lining to economic downturns. For folks who can keep their powder dry and ride it out, the prices will continue to move downward if borrowing costs continue to rise.

degggendorf t1_jeh3gm3 wrote on March 31, 2023 at 11:43 PM

>show me a single instance of where you only need to pay 2k / month for a fucking reasonable house in Rhode island

I didn't downvote, but if I qualify: my mortgage including tax and insurance is $1,710.72 on a 2,700 SF 4 bed/3 bath.

It is so incredibly unfair to anyone who has to buy now over even just a few years ago like us. The house across the street from us that is comparable to ours (or if anything, worse) just sold for literally double what we bought ours for in 2018.

Locksmith-Pitiful t1_jeh4136 wrote on March 31, 2023 at 11:47 PM

>2018

degggendorf t1_jeh43ii wrote on March 31, 2023 at 11:48 PM

...yes?

Locksmith-Pitiful t1_jeh46rx wrote on March 31, 2023 at 11:48 PM

OP is asking about current prices. We're in 2023. You aren't finding a house for that price.

50k / yr salary will get you a dumpster behind McDonald's. Maybe.

degggendorf t1_jeh4fuo wrote on March 31, 2023 at 11:50 PM

You responded to a person saying their mortgage was 2k and said they must live in a shack, and asked for examples of non-shacks for that price. OP buying a house now is irrelevant to that point. It seems like you just forgot that people could buy things in the past, and now you're moving the goalposts rather than just admitting you were mistaken and being a jerk.

Locksmith-Pitiful t1_jeh4kre wrote on March 31, 2023 at 11:51 PM

It's not irrelevant. You don't respond in the first place claiming your house is 2k a month when you bought it years ago. The fuck? Am I going to go to threads asking about rent and say "it's affordable, I locked in 500 / month, 10 years ago"? What kind of logic is this lol

degggendorf t1_jeh4xyo wrote on March 31, 2023 at 11:54 PM

> You don't respond in the first place claiming your house is 2k a month when you bought it years ago

They were quantifying their housing spend so OP could take that into account. In no way were they saying that OP could buy a house with a $2k mortgage today. They didn't even make claims about affordability for OP, just laid out their situation for OP to judge.

Locksmith-Pitiful t1_jeh5a4z wrote on March 31, 2023 at 11:57 PM

I stand by what I just said. Not relevant to this time period.

degggendorf t1_jeh5eoe wrote on March 31, 2023 at 11:58 PM

What you said was:

> You must live in a shack wtf

Do you stand by that? Or do you now realize that it's possible to have bought something in the past?

Is it possible to live in Rhode Island on 50K-55K?

[deleted] t1_jegp5k5 wrote on March 31, 2023 at 9:55 PM