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LoyalTr8tor t1_j0lmydl wrote

That's cool and all, but rent is literally destroying me. Hard to find any decent 1bd apartment under $1600/month.

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AntiqueDistance5652 t1_j0lqvhp wrote

If you're trying to live in Pittsburgh for anything longer than 2 years you really need to be buying. A 3 bedroom detached house would have a mortgage payment much less than that. Why rent a 1 bedroom apartment for $1600 when you can get a house with a yard, garage, 3 bedrooms, a basement, and multiple bathrooms for only $1100 a month?

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imouttahereta t1_j0m2yi0 wrote

You're not getting that for $1100/mo at current interest rates. I bought a few months ago. 2 bedrooms, no garage. Mortage alone is higher than that, throw in taxes and utilities and it's closer to $2000/month. Not to discourage people from buying, but today is very different from this time last year.

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AntiqueDistance5652 t1_j0m3bgn wrote

No, I'm calculating based on current interest rates. Back in the 2.5% era it would have been much less.

Edit: assumptions are a 175k purchase price with 30 year fixed and good credit. 20% down.

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imouttahereta t1_j0m3pfd wrote

The only way your numbers work out in my experience are if you can afford a large downpayment, buy something that needs significant work, or in an unattractive neighbourhood. Your loan would have to be under 170k and I couldn't find anything worth considering listed under 200k.

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AntiqueDistance5652 t1_j0m4kz4 wrote

Give me your list of acceptable neighborhoods and I'll show you some recently sold houses. There are a lot, if you can't find them you're either not looking for them or your expectations are not that of a typical resident here.

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imouttahereta t1_j0m58es wrote

I'm sure you can find plenty listings that look good, as I did before I went to see them in person and noticed the issues. If avoiding places that are on a busy road, that have a basement with water issues or obvious structural problems is picky, then I guess I'm picky.

My house is just 1000 square feet, has poor insulation, was built more than 70 years ago. Pretty sure I'm not picky.

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[deleted] t1_j0nop8k wrote

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imouttahereta t1_j0nos48 wrote

Right. I just bought a house but I don't know what I'm talking about. Fuck off.

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[deleted] t1_j0noyzv wrote

[deleted]

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imouttahereta t1_j0np3sk wrote

"This year" huh? Interesting.

Mind giving the address so we can confirm that it hits all the checkboxes? Hard to believe when you can't remember the year you bought it otherwise.

Too bad you deleted your post calling me a locust for being an immigrant, that was a fun one.

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