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Is it worth it to buy a house in the near future?
by dfbbdfbb - Friday November 3, 2023 at 03:25 AM
#1
Given the rising interest rate, and layover i am not sure how is it possible to buy my first sfh... Plus the available Angryland is actually decreasing at an increasing speed! Angel
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#2
Depending where you live it might be wise now as wars outbreak and there are immigrants coming in into the country

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#3
I don't think it's possible for anyone to buy a house in the near future. Even the far future is a stretch
"Universal appeal is poison masquerading as medicine. Horror is not meant to be universal. It's meant to be personal, private, animal"
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#4
I was thinking about it too. My problem is that mortgages are a form of slavery and there are many hidden maintenance costs. If you are not a DIY person I would not recommend buying. If you can fix things yourself then you can buy, improve the residence and sell it more expensive. This is a great investment.
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#5
Depends on your locale but is a generally sound decision (if you can afford if, ofc).
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#6
depends on the housing market and the stability of your region if the market crashes it sucks for the people selling houses but it would be a good time to buy. if prices are high and still rising then maybe wait for a crash. ultimately you have more more information about your own financial situation than any of us and we can only speculate about the future
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#7
A few more years and no normal person will be able to afford their own home. Buy while you can
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#8
(Nov 03, 2023, 03:25 AM)dfbbdfbb Wrote: Given the rising interest rate, and layover i am not sure how is it possible to buy my first sfh... Plus the available Angryland is actually decreasing at an increasing speed! Angel

Buy a house when you actually need one. Like when you're getting laid regularly by one woman and you want to lock it in. Don't wait until a kid is on the way, then you'll need your money for diapers.

If you can get a condo where you work when you're single for cheap-ish then do that. You might have it paid down by the time you're locking it in.

Good luck!
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#9
Any investment into real estate is worthwhile. Land is a finite resource, they're not making any more of it.
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#10
Whether buying a house is worth it depends on many factors, including your financial situation, location, market trends, and personal needs
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