Submitted by AllMightoh t3_109v3cj in Washington
Fox-and-Sons t1_j43z9ot wrote
Obviously house prices are very high here, but with 150k a year you really ought to be able to save up for a down payment and afford a place in Seattle in a couple years unless you've got crazy expenses.
AllMightoh OP t1_j44urmm wrote
By then prices would've probably skyrocket again
Fox-and-Sons t1_j45hv30 wrote
How much can you save? With various assistance programs you can probably get a downpayment in for about 10% -- maybe youd' need the full 20% but let's say it's 10% for funsies. Even if you're insisting on living in Seattle, you should really be able to get 125k together in 5 years, twice that if you're frugal, and you'll be able to find something for a million and a quarter. Prices may very well keep rising, but you're making enough money that unless you refuse to make cutbacks this is a fixable problem.
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