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420everytime t1_j9tccj2 wrote

Reply to comment by diox8tony in In the US, the gap between Black and White Homeownership is widening with each generation [OC] by Apartment_List

Doesn’t this say 50% of white millennial 30 year olds own homes?

In the very white town in Georgia that I grew up in, probably more than 50% of 30 year olds own homes.

Granted, you can get a nice home in that town for under $150k, but generally speaking homes are much cheaper in small town white America than in more diverse cities.

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lileebean t1_j9tnoq9 wrote

Yeah I live in rural MN. My husband and I are in our mid-30s, and we've owned a home since our mid-20s. 5 bed, 3 bath house with a big yard. Our mortgage is less than 900 a month. I understand you can't rent an apartment for that in a big city...which is why we don't live there?

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cheeze_whiz_shampoo t1_j9u0uq0 wrote

I have a friend in rural minnesota (town less than 400 people) and a few years ago he bought a nice 3 bedroom home that was dated but very well taken care of. Price? 55k, haha.

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