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I just need to let this out...I hope its okay to do here.
For those of you who don't know, I work in a small real estate development and investment firm in the SF Bay Area. We were walking back from lunch last week and walked past this small, little house for sale right behind our office building. We saw this house was for-sale and immediately I thought, "what a perfect house for them to buy, lease option to me and in a few years I can buy the place from them." I casually mentioned the idea and they thought it was great.
We just came back from the broker's tour. I'm not in a good mood. The house was listed for $1.2M and is 2bd/1ba and about 1250 sf. It is essentially a tear down. My boss said MAYBE he'd pay $500k for that house.
I'm not mad at the house or anything, but I LOVE the area I live in and I get really frustrated to know that a small house in my area is well over a million dollars. I am 29 y/o and am so far away from being able to buy a place it drives me nuts. I sometimes think I'm kidding myself by living here and that I should move to a lower cost of living area. But I'm learning a ton at my job and think I'm in a good spot right now.
AGH. This drives me nuts sometimes. I love paradise but can't seem to afford to live in it.
Thanks for listening to my rant. I just needed to vent. (MJ, you can delete this if this isn't proper for this forum)
For those of you who don't know, I work in a small real estate development and investment firm in the SF Bay Area. We were walking back from lunch last week and walked past this small, little house for sale right behind our office building. We saw this house was for-sale and immediately I thought, "what a perfect house for them to buy, lease option to me and in a few years I can buy the place from them." I casually mentioned the idea and they thought it was great.
We just came back from the broker's tour. I'm not in a good mood. The house was listed for $1.2M and is 2bd/1ba and about 1250 sf. It is essentially a tear down. My boss said MAYBE he'd pay $500k for that house.
I'm not mad at the house or anything, but I LOVE the area I live in and I get really frustrated to know that a small house in my area is well over a million dollars. I am 29 y/o and am so far away from being able to buy a place it drives me nuts. I sometimes think I'm kidding myself by living here and that I should move to a lower cost of living area. But I'm learning a ton at my job and think I'm in a good spot right now.
AGH. This drives me nuts sometimes. I love paradise but can't seem to afford to live in it.
Thanks for listening to my rant. I just needed to vent. (MJ, you can delete this if this isn't proper for this forum)
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