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by ohiovr 2898 days ago
Buy the home in cash is how. Might seem ridiculous and impossible where you are at the moment. But if tech crashes, where will you be? In my home town in the land of unimportance you can own a home for just $26K. And it isn't bad. Compared to homelessness and unpredictable future rent costs.
1 comments

What, where the heck is this? Is it in the US?

I don't doubt it, I have seen crazy low home prices in some backwater locations, but never as low as 26k.

Marion Ohio, USA. My brother even knew an dying fellow that wanted to sell his house for 10 grand. The house is kind of a relic from the 50s. When soliders came home many of them bought these little 800 sq foot homes. Marion Ohio is more than 45% senior. No tech in the town besides the broadcasters, and ordinary sys admin type stuff. But there is a little bit of tech (tiny) in Delaware Ohio, Lewis Center, and all of Columbus has tech jobs that pay anywhere from $60-100k. If you can put up with a 50 minute commute you could save up a nice pile of cash in no time. Thrift!
There are parts of New Orleans where this is a thing - of course you will need to put some work into the house.