re: The average 30-year fixed mortgage rate jumps to 7.50%

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quote: For a 1400 sq ft house in my area, you're looking at around 250k ish.

For a 20 year old house?? Who said you had to buy new? And I’m no boomer, I’m X. You know, the generation that is responsible for all y’all spoiled entitled frickers

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Try a 65 year old house.

Just searched my city (DFW area) - there are 2 homes for sale that are around 1500 sqft and under $250k.

House 1: 1250sqft, built in 1959, has some decent interior updates, listed for $240k

House 2: 1472 sqft, built in 1955, not updated, listed as a “fixer upper” for $225k

This is an older, very middle class area, the majority of the homes here were built in the 80s. I’m not talking about Prosper or any of the hot DFW growth areas. New builds in this area are -$500k.

Markets vary of course, but the fact that you assumed “Who said you had to buy new?” about a $250k price tag is laughable and shows how out of touch you are on housing prices.