>To comfortably afford a typical U.S. home worth $367,969, a buyer today needs to make nearly $100,000 a year, which means a household making the median income would need a $17,670 raise. That’s assuming they have $73,594 saved for a 20% down payment. If that same household only has enough savings for a 10% down payment, they’d need a raise of $36,287.
Jesus Christ. The median price in my state is 550k and I only make 74k. No wonder the average age of a new homebuyer is in their late 50's
What the fuck do I do? become someones rent bitch for life?

>>60619558 (OP)
If you're not homeless as a result of putting your entire net worth into bitcoin you're NGMI

>>60619558 (OP)
Im in the Navy so my housing is paid for. From here, I will live in a van with a $50 monthly storage unit.

Just live with 8 roommates, ez

>>60619558 (OP)
as a Eurocuck I would rather rent an apartment than buy a house, or buy an apartment or the likes
what is the upside?
the thing you invest in your housing you can directly put into investments instead which is less hassle, less problems, more easily movable
is the benefit of owning your housing in amerikkkas so much better than renting? I guess so
because it makes no sense
only reason to buy a house here would be to if you really want to live in a house separate from people, which is a solid upside, but it's not insane compared to apartment complexes
but overall I agree house is superior in privacy and serenity all around

>>60619558 (OP)
>What the fuck do I do? become someones rent bitch for life?
you buy a condo for half price. Or find a girl who makes as much as you and move together. What's wrong with renting a house and then just investing the difference into S&P?

>tfw I bought a comfy house with a backyard by myself at 30.
Not living in the US is pretty great guys.

>>60619786

apartment living is dehumanizing. i live in an apartment now after living at my parents house most of my life and i hate it. the walls are thin, theres no garage for me to tinker with shit or work on my car, im surrounded by drunks, cant get food delivered, people steal packages, the list goes on. i want to live in at least a townhome, where someone isnt niggerstomping above me and i have a garage and have way more space in general

>>60619558 (OP)
i make $120k and i wouldnt dream of buying a $370k home unless i had a down payment between 33-40%, which would put the "all in" cost (mortgage, taxes, utilities, insurance) at something in the range of $2400 to $2600 a month.

buying a $370k home on $100k with 10-20% down would be financial suicide. your monthly all in would be $2900 to $3400 a month. your take-home after taxes, health insurance, and 12% 401k (dont want to work until youre 80) is like $5400/month.

>>60620617
>something minor on car breaks
>know how to fix it
>dont want to drag my fucking tools down 3 flights of stairs
>dont want to work in burning hot or freezing cold parking lot
>cant do oil changes etc in parking lot without property manager bitching
>cant do anything 'complex' in parking lot (leave shit strewn all over)
>end up paying a wagie mechanic $200/hour to do something i could do myself

Being a renter has its benefits
If you sign a contract and some shit breaks in the house by law they have to fix it or I can sue them

>>60620270
>$800/mo. HOA+maintenance fees
no thanks

>>60619558 (OP)
Meaning that a couple or familly (the only people who have any business owning a home) would only need to make ~50k each for a "typical" house.

>>60619558 (OP)
salary requirements go down a lot if you have a sizable downpayment. don't buy a house with 3% down, it's a fucking scam

>acquire house
>every single faggot who does repairs is a scam artist who will drain your money like a third world prostitute drinking your cum after being paid less than a few USD
What's the solution here besides being a NEET and learning how to do everything yourself.

>>60621603
learning how to do everything yourself. there's youtube videos for like 90% of what you would ever need to know. stay away from electrical unless youre confident in your abilities.