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Reply #45: Welcome news for some people who can't afford to buy a house now [View All]

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tandot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-24-06 03:34 PM
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45. Welcome news for some people who can't afford to buy a house now
We live in Northern California and can't afford to buy a house. We are renting a small 2-bedroom (about 900 square foot) duplex. If you'd buy a 2-bedroom house the same size, you'd need at least $300,000.

I feel sorry for all those people who bought a house for more than it will be worth if the trend continues. However, that doesn't mean that I don't look forward getting my hands on a affordable house.
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