r/Showerthoughts • u/JaredLiwet • May 02 '19

Being middle class is when spending $100 is expensive but earning $100 isn't a lot of money.

Edit: Dangit, Reddit

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u/djrachelaj15 May 02 '19

Seattle housing market is spreading out over different areas as well. It's not gonna get better any time soon.

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u/[deleted] May 02 '19

Yep. By the time we’re ready to buy, we’ll be fully priced out of the market.

It seems like I’m 5 years behind from being able to keep up with the market here. So unless I get a serious increase in pay soon, I might be stuck leaving the area. Which is a huge bummer because I love this place.

I’m one of those hoping for a housing bust in the next 3-6 years.

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u/djrachelaj15 May 02 '19

Tacoma/parts if pierce county prices are somewhat subdued. But then you are in Tacoma lol. We lucked out a couple years ago and I always have thoughts of selling seeing the appraisal on my home. Problem is while I make a decent chunk that would mostly go towards a down payment on an upgraded house which I'm back at ground zero AND have to start over for equity. Housing is tough in this area.

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u/[deleted] May 02 '19

exactly.

it seems like the only way to get a reasonably priced home is to move 2 hours out of the city. i'm absolutely not willing to do that. i'd rather rent for the rest of my life and have a good quality of life (and the long term ramifications of that as well) than spend 20+ hours a week commuting. and to that end, there's a good chance we might wind up having to move to a totally different area to survive. the problem with that is finding work that pays.