• ripcord@kbin.social
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    1 year ago

    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.