this post was submitted on 22 Apr 2024
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[–] [email protected] 31 points 7 months ago (4 children)

I have good credit but I cannot buy a house.

[–] [email protected] 19 points 7 months ago (5 children)

My husband and I bought ours in 2019, and I feel like we did so in the nick of time, and that's with being on two programs and taking an additional loan for the down payment, and that's because paying the mortgage was lower than renting an apartment at the time.

People can't afford housing anymore. I feel guilty even owning a house because it's gotten so bad (even though the bank technically owns this shit).

[–] [email protected] 20 points 7 months ago (1 children)

Don't feel guilty! Congrats on the house. Enjoy it.

[–] [email protected] 10 points 7 months ago
[–] [email protected] 8 points 7 months ago

Buying a house was what pushed me from Bernie flavored socialist to full on leftist. We were lucky enough to find and qualify for a community land trust and it is such a better system than anything else in America. It should just be how housing is done available to everyone, not just people who qualify.

[–] [email protected] 8 points 7 months ago (1 children)

Same. Alternatively, turn that guilt into the drive to attend community meetings.

[–] [email protected] 6 points 7 months ago (1 children)

Yeah I'm pretty involved locally, although action is pretty limited here where I live in South Dakota

[–] [email protected] 4 points 7 months ago (1 children)

Bummer that sounds rough. I'm in New England so it's mostly nattering neoliberal nimbys 🙄

[–] [email protected] 4 points 7 months ago

Oh don't worry, we've got a lot of them here as well. I know a lot of good people too, but everyone is stretched so thin with work and trying to survive.

[–] [email protected] 4 points 7 months ago (1 children)

even though the bank technically owns this shit

Nah, they just have a substantial lien against the property :)

[–] [email protected] 2 points 7 months ago

Oh thank god that's all it is /s

[–] [email protected] 1 points 7 months ago

I feel guilty even owning a house because it’s gotten so bad

It’s not like prices are going to rise forever. Market cycles are natural. There will be a crash, and there will be cheaper homes once again, and as long as the government is competent, random businesses won’t buy them all with the intent to rent them out to potential homeowners.

[–] [email protected] -1 points 7 months ago

Thats a seperate issue, that is central banks and over regulation of the housing market. This has devalued your wages and made housing too expensive. And the sad part is BOTH of the parties support these things (if you are an american).