Re:Americans Have Never Been So Unwilling to Relocate for a ...
by scarface74 on Wednesday May 17, 2023 @05:36PM
(#35981567)
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Re:Americans Have Never Been So Unwilling to Relocate for a ...
by yunohn on Thursday May 18, 2023 @07:06AM
(#35986361)
I find it hilarious when HN threads go deep, and commenters forget the actual point.
This post and thread are talking about moving due to losing a job. Not about a calculated move done for financial gain.
Re:Americans Have Never Been So Unwilling to Relocate for a ...
by scarface74 on Thursday May 18, 2023 @07:43AM
(#35986615)
That’s just it. My friend from Seattle did move for a job.
The other poster said that because of rising home prices, someone who owned a home couldn’t afford an equivalent home. My argument is that their current home probably also went up in value and they could use the equity to pay a large down payment to make a new home affordable.
Alternatively, pocket the equity and rent instead of making a commitment to buy.