Comment on The Typical First-Time Homebuyer Is Now 40 Years Old, a Record High

taygaloocat@leminal.space ⁨3⁩ ⁨days⁩ ago

• ChickenLadyLovesLife@lemmy.world ⁨2⁩ ⁨days⁩ ago

  I was looking at one of these a few years ago, a decent 1BR unit for $125K. I thought that was reasonable until I learned that the condo fee was $960 per month and that the building had hit owners with special assessments for about $10K each for the three years prior. Like, I’m supposed to pay almost $2000 a month just to live in an apartment that I already bought?

  I just bought an actual 2BR house for $140K and the cost of my taxes plus homeowners insurance comes to $400 a month.

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  • taygaloocat@leminal.space ⁨2⁩ ⁨days⁩ ago

    I was thinking that was cheap but that must be American dollars right

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    • ChickenLadyLovesLife@lemmy.world ⁨2⁩ ⁨days⁩ ago

      Yeah, USD.

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• jade52@lemmy.ca ⁨3⁩ ⁨days⁩ ago

  Same. My husband and I bought a small 2bdrm condo when we were 36. We will pay it off in 20 years, even though together we make 220k/year.

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