this post was submitted on 02 Nov 2023
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Okay? I mean we live in two entirely separate worlds. $550k in my area gets you 850 sq ft with added condo fees. And of course if you're locked in (trapped?) at 3% you're not going anywhere. You can't go anywhere even if you wanted. If that's worth the advantage of doing your own landscape maintenance on the weekend, and having to drive everywhere for the simplest of errands, then head on.
You say that as if most people lived in cities that didn't require driving for every simple errand, whether they lived in a house or apartment. Good on you if you live in a walkable city, but you're the exception.
If your paying 550k for a 1 bedroom you better be living in a walkable city.
Lol. Salt Lake City. 300k for a one bedroom condo - almost not quite bikeable.