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[–] ForTheUltimate ago  (edited ago)

Its about 20 thousand dollars just to have a baby here.

take an airplane and have it where it's affordable

200,000*5% is 10000 per year interest. Minimum wage will do it lol

if you can't afford the principal, then don't buy it. It's called rent and you save on maintenance and keep flexibility.

[–] [deleted] ago 

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[–] ForTheUltimate ago 

If you don't want the long term obligation to pay principal and interest, rent.

I wouldn't buy real estate unless its rate of return was higher than other assets.

It's also not liquid and makes you beholden to democracy the god that failed of your area.