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Re:22-Year-Old Builds Chips in His Parents' Garage (2022) by kjkjadksj on Sunday October 22, 2023 @10:10AM (#37975536)
But do you work in the trades in places where the median home is $800k? Trade wages are probably better in socal.
Re:22-Year-Old Builds Chips in His Parents' Garage (2022) by reactordev on Sunday October 22, 2023 @10:46AM (#37975814)
They do. Median home value here is $950k. All of my trades friends are house poor and asking family for assistance.
Re:22-Year-Old Builds Chips in His Parents' Garage (2022) by kjkjadksj on Wednesday October 25, 2023 @02:27PM (#38016379)
House poor and asking for family assistance is something thats common even where homes are $200k. More than half of american home buyers use family assistance. The fact they are in the market at all at nearly $1m median prices on trade wages is incredible, family assistance or being house poor while you pay down to get rid of pmi or not.