The Conservative Cave
Current Events => The DUmpster => Topic started by: Ralph Wiggum on May 21, 2008, 06:41:23 PM
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http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x3321905
LucyParsons(321 posts)
Wed May-21-08 07:37 PM
Original message
Poll question: Potential first-time homebuyers - what can you afford in your area?
For myself, in Austin, TX, I can afford nothing, not even a condo, on my reasonably decent state government salary. Because I owe a LOT in student loans, have no savings or domestic partner, (mainly) because the price of a 2-bedroom, 1-bath condo or duplex, within five miles of my job (I am NOT willing to move to suburbs and face the resultant commute - I can currently walk to work) would be **at least** six times my salary.
Poll result (4 votes)
I can't afford anything - the prices are far too high (2 votes, 50%) Vote
I can barely afford something small with a 30+ year, 100%+ mortgage (0 votes, 0%) Vote
I can afford something small if I am willing to live on a very tight budget (0 votes, 0%) Vote
I can afford a moderate property in a decent area (0 votes, 0%) Vote
I can comfortably afford a moderate property in a nice area (1 votes, 25%) Vote
I can easily afford to purchase property - the prices are reasonable (1 votes, 25%) Vote
I'm a slumlord, buying up as many houses as I can (0 votes, 0%) Vote
Other - please explain (0 votes, 0%) Vote
Brand new thread, so that explains the low voting total. I would imagine that the bolded option above will win handily.
I love how she explains her life story to preface every thread. :whatever: :mental: :mental: :whatever:
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This is such bull shit. Austin is expensive but you can get out of town and not spend an arm and a leg. I have friends who live in Manor and go visit them often.
Funny thing is; Austin is THE liberal hot spot in Texas. How does that work? It has GOT to be supply and demand huh?! Wait ... that is a capitalist view of the market ..... hmmm I'll have to think on this.
KC
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:sosad: