It’s a Christmas miracle… Landlord lowered our rent unexpectedly..?Submitted by ScuttleCrab729 t3_ztqmlt in newjersey
race-likeapisshorse t1_j1gtkty wrote
Reply to comment by [deleted] in It’s a Christmas miracle… Landlord lowered our rent unexpectedly..? by ScuttleCrab729
From a late-20s point of view:
When you’re paying $2k/m rent, where do you have space to save for a house down payment, closing costs, etc?
The student loan pause helped so many young people save significant money for the first time ever - then the housing market skyrocketed. Now, house prices are coming down, but interest rates have skyrocketed.
It’s eerily just out of reach for many people my age due to these factors and even as we progress in our careers, it becomes just slightly more out of reach. unless you have parents that can gift you the down payment, you’re stuck struggling
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