Step out and join the Homeowning Adventure
Gone are the good old days of buying a home for X amount of dollars and seeing it appreciate 100% plus over the course of say 20 years. Worse yet the average take home wage is only $25k. People are working harder and longer for a lot less. Gone are the days of job security and tidy pension plans. The days when dad went to work and mom stayed home. Those days are long gone.
The cost of living has skyrocketed in comparison to 20 years ago. Don’t even bother dreaming about buying a house like your Daddy did. My dad bought his house for 65k and today it’s worth 1/2 million. Jebus, don’t we all wish.
I for one really wonder what some of these people do for a living that are buying these average homes. If that is the average price and the above is the average wage, how long is the average mortgage? Better yet, what is the average mortgage payment.
I really sometimes wonder if they will ever pay them off, let alone make the payments and the upkeep.
Therefore I have concluded that housing can be one of the greatest expenses in life. But it is also one of the things we do have some control over.
I know, some folks may think that living in a small prairie town, or some old lumber town is not trendy, but then being broke all the time isn’t really trendy either.Some of these places can offer you the world. A place to start your own business, with low taxes and low overhead, makes it that much easier to get things off the ground and up and running. And with technology today the sky is the limit. So if your viewing the listings here, want a change in life, ask yourself, “What could I do to make $25k a year?” Do a little research. Check out what some of these places have to offer. Talk to the town council. Just get out there. You just never know what you might find.
For anyone who is really interested in the buying and selling of these homes there is some great material to be had right here.
One can make an exceptional living in the business of buying, fixing, and reselling these homes. If you are looking at a different pace of life, here is and opportunity not be dismissed.
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