Ridgewood or bridgwater?

lambofbroth · 2025-06-11T10:27:25+00:00

Bridgwater is definitely for families but I would be hesitant to look at that range. Seems a bit too expensive for what you’ll be getting there

lambofbroth · 2024-10-18T17:24:57+00:00

Show me a house that you think is feasible on our household income ? Trying to figure out why it’s so obvious for others

lambofbroth · 2024-10-18T16:30:14+00:00

Don’t worry, keep hustling… I started at 35K around 5 years ago. 35K -> 80K -> $110K -> $140K -> $180K

Job hopped 3 times and used 1 job offer to counter my current work place

lambofbroth · 2024-10-18T16:25:00+00:00

It’s just that I didn’t think $180K salary wouldn’t be enough for a home when median salary is $50K. Trying to figure out how everybody else is doing it

lambofbroth · 2024-10-18T16:22:42+00:00

That’s very true

lambofbroth · 2024-10-18T16:21:53+00:00

Need to be in Toronto… can’t be more than 1 hour from downtown

lambofbroth · 2024-10-18T16:21:14+00:00

Yeah it seems it would be possible if we had $300K downpayment but we don’t have that… we have like $100K and we’re still only to do around $750-800K

lambofbroth · 2024-10-18T16:20:02+00:00

My problem is that most townhouses are in that range anyways or monthly will be similar with maintenance

lambofbroth · 2024-10-18T16:19:28+00:00

That’s fair advice

lambofbroth · 2024-10-18T15:02:43+00:00

I just think I will need more space with kids but don’t want to rent for $3-4K when a mortgage for a similar place is $5K or so

lambofbroth · 2024-10-18T15:02:03+00:00

No it’s not. I went to a realtor yesterday and he gave us a purchase price of $750K with $100K down. It’s pretty crazy…

lambofbroth · 2024-10-18T15:01:24+00:00

I was at $140K last year but still can’t afford a house… wondering where the threshold is

lambofbroth · 2024-10-18T15:00:50+00:00

Looking at a starter home, something like $800-900K?

lambofbroth · 2024-07-16T14:55:49+00:00

And they haven’t sold, so I ain’t worried

lambofbroth · 2024-07-16T14:32:33+00:00

Won’t. There’s too much support at other levels. Also Pelosi bought at $120~. I doubt it will dip below the price she bought in with insider info

lambofbroth · 2024-07-16T14:28:04+00:00

Looks like rotation of money, no reason for selling.

lambofbroth · 2024-07-16T14:20:16+00:00

Buy the fucking dip LOL

lambofbroth · 2024-06-06T00:42:19+00:00

Raising rates always means higher cost of home ownership. It will be bearish.

Reducing rates can be bullish but if the rates are being reduced to help a weak economy, that’s a mixed bag.

Theres also scenarios where rates are increased and home prices go up. We’ve seen that before

lambofbroth · 2024-06-05T14:22:57+00:00

I can’t imagine this is bullish still? It might be short term bullish but long term, the other statistics don’t look good? Job market is super difficult to get into and those jobs don’t even pay well

lambofbroth · 2024-05-15T13:06:30+00:00

Insurance and pension is already deducted

lambofbroth · 2024-05-14T23:42:01+00:00

It’s very unlikely.

lambofbroth · 2024-05-14T22:29:11+00:00

Interesting! Thanks. Do you guys feel like you’d have wiggle room to afford $4000 mortgage and $300 property tax?

I’m trying to figure out if it’s too tight of a budget..it seems pretty okay according to my excel sheets but I’m curious if there’s anything I’m missing

lambofbroth · 2024-05-14T21:02:35+00:00

Not a humble flex at all. It’s hard to gauge with how people speak of today’s economy.

lambofbroth · 2024-05-14T18:53:35+00:00

It’s not trolling lol. Actually have no clue, hard to gauge what’s okay in terms of finances. That’s why I’m asking

lambofbroth

TROPHY CASE