where are downpayments so cheap? I'll move there ^^'

kridsdale1 2 hours ago | parent | next [-]

Yeah my down payment 10 years ago was $200,000. The house has appreciated 0%. I sold meta shares to buy it. Those would be worth a million now.

… I wish I hadn’t just calculated that.

	▲	selectodude an hour ago \| parent \| next [-]
		Having a place to live is an investment in your health and wellbeing. Can't live in a stock option.
	▲	christoff12 23 minutes ago \| parent \| prev [-]
		At the time, were you aware that you could borrow against your portfolio?

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alistairSH 38 minutes ago | parent | prev | next [-]

Detroit, Cleveland, etc. Basically huge swaths of the rust belt. Plus a smattering of small towns in the south.

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weakfish 2 hours ago | parent | prev | next [-]

Well, this is all assuming a 20% down payment, which anecdotally as a 26 yr. old, nobody I know is able to achieve. All my home-owning friends put 3-7% down. Granted, most are using first-time homebuyer loans which are generally more favorable.

In RTP (NC), a ~$400k house at 5% down is $20k

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intrasight 4 hours ago | parent | prev | next [-]

There are 70 houses for sale in Pittsburgh for $25K or less

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derwiki 5 hours ago | parent | prev [-]

Coshocton, Ohio, plenty of houses for <100k

	▲	brookst 5 hours ago \| parent [-]
		On second thought...