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Sufficient-Walk-4502 t1_j7m5wld wrote

I don’t think people understand that their first house isn’t going to be across the street from their job in downtown.

I bought an undesirable house in Framingham 4 years ago next to a train station.

I think the issue with everyone is, if you want to live in a dream house, you have to eat shit for 7 years. Either climbing a corporate ladder to 300k a year, or buy some shit house no wants and work on it until it is somewhat desirable.

Anyone posting here how they’re pissed off about whatever; either 1) save your money, don’t go on lavish vacations, get used to camping and pray that everyone who got divorced and separated moves in with a SO, and buy a house - that’s your 2-5 year plan 2) stop taking mental health days and take your job seriously - become a manager/supervisor and get pissed at the current workforce not showing up to work. Eat shit and keep switching jobs until you make 100k a year. Get a partner that shares your same values and eat shit together. Buy a two-family and build together.

I kind of did #2. I took a job I hated for 80k when I was single and saved every penny I had. No fancy anything. All my clothes from Joseph A Bank and Walmart. Bought a 2 family in a shit neighborhood and met my wife shortly after. She was supportive of me constantly working on the house every weekend, and she started investing her money into the house with me.

After we were married and she was pregnant we refied- put money down on a more spacious, more updated 2 family. After this we will purchase a single family of our dreams.

You can hate me for it or you can play the game yourself. It’s not easy, it’s lonely, and you need to align yourself with people that support you. Everyone else can go f off and you are left with awesome friends and a bit of wealth.

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SainTheGoo t1_j7raxux wrote

If your idea of getting by starts with an 80k job, you're so far out of touch. Most people will never have, nor have the opportunity to hit 80k in their life. It's frustrating to see people complain without knowing their struggle or how they're grinding themselves to get to the next stage regardless, but most people are. They're just complaining as an outlet. Even if they're not, this privileged bootstrap shit is laughable.

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Sufficient-Walk-4502 t1_j7rco03 wrote

Dude. If you practically just show up to work consistently for 2 years straight you’ll be at 60k without a degree. The problem is no one wants to work like that. I made 80k and worked 70 hours a week.

Try it out.

You can complain - which is the easiest way to accomplish nothing - or you can work your face off, save and be ready for the next time there is a shake out. If you put away 30k you can pull it off. Stop buying vaporizers and vaporizer accessories.

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SainTheGoo t1_j7rt8k0 wrote

Wow, out of touch. I have a house and a career (and no vapes), my head just isn't so far up my ass as to be blind to the realities of the market.

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SLEEyawnPY t1_j7uno6r wrote

>The problem is no one wants to work like that.

Seems unlikely you're special.

>You can complain

Says an expert in the craft.

>You can hate me for it

Your "haters" exist largely in your head.

>Stop buying vaporizers and vaporizer accessories.

Probably for the best if you kept your arguments with them there, at least they might have a chance of knowing WTF you're rambling on about.

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Sufficient-Walk-4502 t1_j7vs2fz wrote

There’s a major labor shortage. Anyone will be rewarded if they’re decently reliable.

Skilled labor. CDL holders. They give out free training for Christ sake. Everyone can bitch on Reddit when you can literally get out and work.

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SuzyTheNeedle t1_j7na6gt wrote

Solid advice. Nobody is going to hand anyone anything. You gotta grind and work for it. While all our friends were living up to their means and beyond (and still are) in the McMansions, buying new everything and taking vacations we were socking more than 30% of our salary away and living well below our means in a modest home we owned outright. About a year ago we closed on a 4BR/3bath home on 2 acres. We both retired and are now living the dream.

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Malekwerdz t1_j7p5lkg wrote

This. Is. Exactly. It. Sucks that it’s not as easy for me as those before me, but what’s new there? Whining for a handout doesn’t change anything. Gotta play the game anyways

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Sufficient-Walk-4502 t1_j7p8a1f wrote

You gotta remember a ton of people divorced and separated during height of covid… that put a huge demand on the housing market… it will resolve the inventory shortage once people start moving in with significant others again. High interest will drop the price too.

Don’t be scared of high interest. The principal and interest are inversely proportional to have a payment that will f you just enough. The payment is what you must pay attention to.

Personally, I’d rather buy with high interest and low principal as there is hope to change the interest rate or also throw any extra cash you have at the principal and make small dents in it.

It’s a giant commitment no matter which way you look at. And it’s enough to shake enough people to want to keep renting.

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ItsMeTK t1_j7nh9i3 wrote

Where did you find a house by the train station? I thought those were all carved up for crappy apartments we can’t afford.

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WinsingtonIII t1_j7pk1h4 wrote

> I thought those were all carved up for crappy apartments we can’t afford.

If you want housing prices to stop increasing, or even decline, you have to support building much more housing, and realistically that means building much more multi-family housing as that's the most efficient way to increase the number of housing units.

You can't complain about building the "wrong type of housing" and also complain about high housing costs at the same time. Especially if what you want is a single-family home, as SFHs are the least efficient way to build more housing to satisfy demand. It's fine to want a SFH, but if you want SFHs to not be really expensive, you need to be willing to support the building of much more housing, even if it's apartments.

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ItsMeTK t1_j7q94hd wrote

This sounds right in theory but is certainly not true in practice in Framingham. they keep building and rent keeps rising. I have been living in these carved up apartments for over a decade. We were evicted from our fist one so landlord could essentially carve our apartment into two. All our attic storage space became another room and bathroom. More apartments with less storage is bad. In our current place, we have no thermostat control. The upstairs neighbors keep it too hot and do nothing to curb the mouse problem.

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WinsingtonIII t1_j7qikz5 wrote

The issue is that the state has a housing shortage of ~108,000 units. The amount we are building isn't enough to put a meaningful dent in that, so rent keeps rising. If we actually built enough to erase that deficit, rent would indeed stabilize as the supply of housing would accurately reflect the demand.

But that doesn't mean we shouldn't build what we are already building simply because it's not enough. If we stopped building what we are currently building, the deficit would get even worse and the rate of rent increase would be even worse than it already is.

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