RE: A House is Increasingly Unaffordable to the Middle Class

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A House is Increasingly Unaffordable to the Middle Class

in blurt-192372 •  8 months ago 

It changes, like always. :)
It was very expensive to buy a house in all recent years here in Germany. But now prices go down. We are looking ourselves for a house for our retirement-time. Prices might go down even further. One must find a good window of opportunity to buy.

If you have increasing costs of living, what can you do to take advantage of being a home owner. Any ideas?

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  ·  8 months ago  ·  

Not much. As the homes value increases so do takes and insurance. I try to earn more and cut costs.

Are you at airbnb? If your house is located nicely, you could rent it for the time, your'e out of town. Just a thought. It's quite a business here and vastly used. Don't know how it is where you are located.