this post was submitted on 05 Nov 2025
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A Boring Dystopia

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The Typical First-Time Homebuyer Is Now 40 Years Old, a Record High (www.realtor.com)
submitted 2 weeks ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world
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[–] ChickenLadyLovesLife@lemmy.world 2 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

I was looking at one of these a few years ago, a decent 1BR unit for $125K. I thought that was reasonable until I learned that the condo fee was $960 per month and that the building had hit owners with special assessments for about $10K each year for the three years prior. Like, I'm supposed to pay almost $2000 a month just to live in an apartment that I already bought?

I just bought an actual 2BR house for $140K and the cost of my taxes plus homeowners insurance comes to $400 a month.

[–] taygaloocat@leminal.space 0 points 2 weeks ago (1 children)

I was thinking that was cheap but that must be American dollars right