pmk0286 t1_jegtzt1 wrote on March 31, 2023 at 10:31 PM

Reply to comment by [deleted] in Is it possible to live in Rhode Island on 50K-55K? by SwagKing1011

Or he/she bought the house before prices went bonkers. My 3BR 2 Bath in East Bay was 1100 a month with taxes (with 20% down payment) when I purchased back in 2013.

Locksmith-Pitiful t1_jegxtgl wrote on March 31, 2023 at 11:00 PM

Op is asking about current prices, you're talking about prices over a decade ago

pmk0286 t1_jegz5w4 wrote on March 31, 2023 at 11:10 PM

Agree, much tougher now, was referring to u/vast-celebration3322 post

Locksmith-Pitiful t1_jegzecl wrote on March 31, 2023 at 11:12 PM

I guess.. not sure why they commented when the prices they're paying are out of date

pmk0286 t1_jegzvbd wrote on March 31, 2023 at 11:15 PM

If it’s any consolation, in 07/08/09 when I first started looking house prices also sucked..but there is sometimes a silver lining to economic downturns. For folks who can keep their powder dry and ride it out, the prices will continue to move downward if borrowing costs continue to rise.