Hacker News new | ask | show | jobs
by chrisseaton 1889 days ago
> I can’t imagine having enough money to own a home in a major city.

Who do you think owns the homes all around you, and in all the suburban streets around the city? Normal people like you. There aren't hundreds of elites living on every US street, clearly. They're just normal people who saved up over a few years or got a little helper money from their parents.

2 comments

Don't forget, "or were lucky enough to have the opportunity to buy at a low point in the market."
I think you just don realize the scope of numbers you need to play with especially if you dont start with a reasonable amount in the first place.

Real estate is worse than crypto when it comes to speculation.I realized this myself when my property doubled in value in less than 2 years.