Quote:
Originally Posted by case
We can't afford to buy a house where we live.
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We wouldn't be able to buy a house where we live either if we had to start over from scratch. It was all just dumb luck with the timing. We bought before the bubble, back when a house was expensive, but at least possible.
To put it in perspective, our house is now worth more than 3X the price we paid in 1997, but my salary is not even 2X what my salary was back then. My wife stays at home with the kids now too, so there would be no way we could swing buying a house here on just one measly salary.
I'm real glad we bought when we did. Dumb luck.