I have a great income, a credit score over 800, decent savings, and almost zero debt, yet I can't afford to buy a house in Colorado Springs. I'm shocked at the cost of houses. I'm single, so there is only my income but I'll be drowning in a mortgage payment for whatever I buy, At this point it might have to be an insulated TUFF SHED. Very Frustrated.
Home ownership doesn't appear to be a part of my American Dream.. at least not In Colorado
Really depends on what "great income" means to OP, and unfortunately it seems like they've ghosted the thread after posting.
I also think people are dealing with the shock of how rapidly mortgage costs went up throughout covid. We saw home prices shoot up at the same time that mortgage rates doubled. Just a few years ago your mortgage payment would have been something like $1500/month cheaper (when 30 year rates fell below 3%) and people are having a hard time emotionally accepting the increase.
unfortunately it seems like they've ghosted the thread after posting.
That's OP isn't real. Russian sock puppet just trying to spread negativity and division. Also, you're conveniently only debating one part of my argument and completely miss the fact that I reference several affordable options for buying a house here
Also, you're conveniently only debating one part of my argument
I wasn't trying to debate it, I was trying to add some context around it. I largely agree with you lol
Not to be a dick, but what was the point of that? Most people are fully capable of providing their own context.
No one asked you to do that, and honestly, no one gave a shit that you did. Bye now