I worked for a decade to build up a downpayment for a house. Everytime I thought I was there, prices jumped again. I managed so save almost $100,000 but that's not even a 20% payment today.
So I gave up.
I've been living in the same cheap apartment the whole time, waiting to move, and my rent is half of someone moving in to the same building today. I've been living off my home payment for the last two years and I can keep doing so indefinitely.
Employment only covers those who're trying to find work. I think there is a huge number of people who have, like me, given up and are either relying on savings or government gibs.
Some perspective on the employment data:
I worked for a decade to build up a downpayment for a house. Everytime I thought I was there, prices jumped again. I managed so save almost $100,000 but that's not even a 20% payment today.
So I gave up.
I've been living in the same cheap apartment the whole time, waiting to move, and my rent is half of someone moving in to the same building today. I've been living off my home payment for the last two years and I can keep doing so indefinitely.
Employment only covers those who're trying to find work. I think there is a huge number of people who have, like me, given up and are either relying on savings or government gibs.
I gave up too. Bought 5 acres. Spent last year doing dirtwork. In the middle of framing now.
100k down? What city do you live in?? Start looking for FSBO, Foreclosures, tax lien auctions, condemned properties ect.