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A millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor'
(www.businessinsider.com)
this post was submitted on 14 Aug 2024
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Why would you need 4 bedrooms for a family of 4? I'm not 100% sure how rooms are counted there but wouldn't 3 bedrooms and one living room be sufficient?
In my city, it is almost impossible to find a 3 BR apartment, let alone one without exorbitant condo fees. At that point, a 3 or 4 BR house is not much more and you own the land as well.
The problem is developers can make more building studios, 1, and 2 BRs, but anything beyond 2 BR the marginal return is lower. So if you have two kids, you're probably going to want at least 3 BRs, which is so prohibitively expensive due to a supply shortage, the best option is to buy a house.
going to confirm. The easiest units to find are 2 bedroom, 3 bedroom are rare but not impossible to find and overpriced (you will pay almost double. To the point your wondering if you can get away with getting a 2 bedroom and a neighboring 1 bedroom because it might be the same). one bedroom and efficiency which they like to pawn off as studios (studios should have the space of a one bedroom without the wall) are common but bang for the buck 2 bedroom will get you the best price per square foot especially in relation to association dues.
Den or office? I mean really not a huge needed thing and I would happily just take a nook in a corner but some people need it?
Got to go old school and just put the office computer in the living room so everyone can enjoy the sounds of dial up