this post was submitted on 23 Oct 2023
1279 points (96.0% liked)

4chan

4261 readers
1 users here now

Greentexts, memes, everything 4chan.

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 13 points 1 year ago* (last edited 1 year ago) (1 children)

No, you bought in 2008 when prices plummeted to insanely low levels due to economic collapse that was ALMOST worse than the Great Depression. There were lots and lots of modest or shitty houses like yours available for cheap then, all over the country.

It was 95% that, and maybe 5% your resourcefulness and willingness to sacrifice or whatever.

Buying a house like yours for 30k (even inflation-adjusted) are nearly nonexistent in the vast vast majority of the US at this point. They're definitely not out there by the hundreds of thousands in lower-middle income neighborhoods like they were in 2008-2010.

For a significant number of people to be able to do the same thing in the same way, there'd have to be a similar cataclismic event again.