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Comment on Houses in my area increases 82% in just 4 years

possiblylinux127@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

What I’m hearing is that houses have the ability to be a great investment.

Work to get a house and then when you are old and ready to retire you sell and then have a great retirement.

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weeeeum@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
Where tf do you live then? You’re just gonna need to buy another home

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- possiblylinux127@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago
  You downsize to a small apartment for older folks.
  
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  - femtech@midwest.social ⁨3⁩ ⁨weeks⁩ ago
    Those cost more than a house! The one my friends dad lived in where it was all in the same building and the staff was there just in case you fell was 4k a month.
    
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    possiblylinux127@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago
    It depends on where you go. You probably don’t need much in terms of space and features.
    
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Lustrate@lemm.ee ⁨3⁩ ⁨weeks⁩ ago
…until you realize that you still need a place to love after retirement, and any house you’re buying will have the same average increase across the board.

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- possiblylinux127@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago
  I’m talking much later in life when some of the basic things become a little harder but still doable. You move into an apartment that is for older folks.
  
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