How am i gonna make it srs

[Tunechii]

how tf do u buy a home when the median price is 1 million and you make 70k a year srs

[RoyalRyy]

Make more money a year. Duh?

[BeanGainClovis]

Pretty sure it's like 280k in the US. You can also get special deals from the government like a veteran loan or a rural loan. You want to be realistic about your budget, people are out here taking 30 year loans and paying huge interest just for status. Taking a 30 year loan is often a chitty deal. That's like your 20s to your 50s so almost your entire working life, huge interest, just for a slightly lower monthly payment.

I don't think anyone actually needs a multi-million dollar home, but plenty of people are willing to sell their entire lives to the bank for this. Just think about what it means to borrow a huge sum and spend many years paying it off. Every hour of work that goes to paying the loan is an hour of your life where your ass belongs to the bank.

I know people with families and stable lives that will probably rent until they die. I know people with large home loans and no real prospect of having a family. What do you think success looks like? The idea of needing a home loan is literally a marketing scheme to WWII veterans by savings and loan associations. I'll probably take a government loan just to eventually own acreage, but I don't think I'll die if I don't.

[Tonyy926]

Pretty sure it's like 280k in the US. You can also get special deals from the government like a veteran loan or a rural loan. You want to be realistic about your budget, people are out here taking 30 year loans and paying huge interest just for status. Taking a 30 year loan is often a chitty deal. That's like your 20s to your 50s so almost your entire working life, huge interest, just for a slightly lower monthly payment.

I don't think anyone actually needs a multi-million dollar home, but plenty of people are willing to sell their entire lives to the bank for this. Just think about what it means to borrow a huge sum and spend many years paying it off. Every hour of work that goes to paying the loan is an hour of your life where your ass belongs to the bank.

I know people with families and stable lives that will probably rent until they die. I know people with large home loans and no real prospect of having a family. What do you think success looks like? The idea of needing a home loan is literally a marketing scheme to WWII veterans by savings and loan associations. I'll probably take a government loan just to eventually own acreage, but I don't think I'll die if I don't.

Agreed. Most people are buying into the creditors game of accumulating debt now & having their future selves pay for the dues. Its one of those things where instant gratification > whats good long term for you.

[Beast92]

U dont, fuk off

[Wheyvid]

how tf do u buy a home when the median price is 1 million and you make 70k a year srs

become an engineer:

[LethalGunz34]

The picket fence is extra, OP.