Housing Envy: Soaring Prices Create Divide (Workplace Tension Between The Owns and Own-Nots)
Well, that’s a no-brainer. What was amusing and frustrating to me was, a while back when home-ownership was being treated like pregnancy and parenthood by some of my coupled friends, “Ya gotta buy a house!” “When are you going to stop throwing your money away and buy something?” “Oh let me tell you about what we’re doing with our place.” This was coming from all sides, work, friends, even people I’d just met.
When 2 bed/bath places are selling for $600-900k (which even realtors find ridiculous, but who are they to turn away money) – it just looks like it will never happen on my little single income + debt (which is shrinking, but still…). As many articles I see about a bubble bursting, I see just as many about there being no such thing happening.
And yeah, it’s totally depressing.