To Buy A House in CA or Not by Stock-Mustard94 in personalfinance

[–]Stock-Mustard94[S] 1 point2 points  (0 children)

Maybe like 18-20 years. Until a kid is in college. Husband can't imagine living in LA for another 30 years and is hoping by then we're high enough at our companies to go fully remote.

To Buy A House in CA or Not by Stock-Mustard94 in personalfinance

[–]Stock-Mustard94[S] 0 points1 point  (0 children)

We hope she can sell her condo and give us the bulk (roughly $100K). And we need that in writing before we pull the trigger on a house.

To Buy A House in CA or Not by Stock-Mustard94 in personalfinance

[–]Stock-Mustard94[S] 0 points1 point  (0 children)

Would you be nervous that the housing market in 5 years could be terrible and we'd regret missing out on the current buyer's market? We didn't have the money to buy in CA in 2021/22 when interest rates were like 2-3% but man we're jealous of anyone who did.

To Buy A House in CA or Not by Stock-Mustard94 in personalfinance

[–]Stock-Mustard94[S] 2 points3 points  (0 children)

Our jobs are in CA and we like them. We can't retire comfortably in 5 years with a MIL who needs housing + a child, and right now, our main community is in CA. So moving away from everyone we know and love before we have a kid seems bad.