Two good jobs and digging out from each of us being single parents before we got together but no, we are ok. Can’t retire or anything like that but not one bad month from homeless anymore.
I was even in a position to help a friend with a (no interest) loan when she had a very bad month, it was tight for us but not impossible, and my husband did not get mad or worried at all that I did that, so I would say we are well off?
The overall economy is made up of a lot of data points - we are a little bit worse off than we were in terms of cash flow, but wealthier because we bought a house before (well at the start of) the bubble.
Around then, yeah. We had an odd confluence of events, landlord selling house out from under us right when I got some bonus $ that would make it possible to do beginning renovations and found a house that was solid but very oddly arranged so people didn’t buy it and I could bargain, and a zero down government loan. I was utterly convinced we were buying at some peak, but fuck me, prices just kept getting higher until they now make no sense. I’m sure it’s a bubble, housing has to have a relationship to wages in the area.
The city has some programs to help people buy a house, forgivable down payment grants - if you live in the house 20 years you don’t pay it back - and others to help low income homeowners with repairs, but of course the wait-list is insane. They are trying though.
Two good jobs and digging out from each of us being single parents before we got together but no, we are ok. Can’t retire or anything like that but not one bad month from homeless anymore.
I was even in a position to help a friend with a (no interest) loan when she had a very bad month, it was tight for us but not impossible, and my husband did not get mad or worried at all that I did that, so I would say we are well off?
The overall economy is made up of a lot of data points - we are a little bit worse off than we were in terms of cash flow, but wealthier because we bought a house before (well at the start of) the bubble.
2018? If we hadn’t bought then I’m not sure we could have bought in.
Around then, yeah. We had an odd confluence of events, landlord selling house out from under us right when I got some bonus $ that would make it possible to do beginning renovations and found a house that was solid but very oddly arranged so people didn’t buy it and I could bargain, and a zero down government loan. I was utterly convinced we were buying at some peak, but fuck me, prices just kept getting higher until they now make no sense. I’m sure it’s a bubble, housing has to have a relationship to wages in the area.
The city has some programs to help people buy a house, forgivable down payment grants - if you live in the house 20 years you don’t pay it back - and others to help low income homeowners with repairs, but of course the wait-list is insane. They are trying though.