Yes that is correct. Ladd's Addition in, Portland, OR. The floor for fixer-upper houses within a half mile might be $500k but I see $800k+ very regularly. I'm sure you can find something to quibble with here though.

Somehow in my 40-year life I've always managed to find small, cheap, shitty apartments in good neighborhoods. I guess either I am the luckiest person alive or most people aren't excited to live in small, shitty, and cheap apartments?

> But then you go on to claim you have a lot in investments, or something along those lines as it wasn’t clear. Your story’s dots aren’t connecting.

I put a few thousand into index funds each month. I could easily buy a house with cash in a place where I'm not excited to live.

But why would I? I don't want a house. I like my cheap small shitty apartment because it's in a great neighborhood. My money's growing just fine. I have enough.

> And now your justifying your desperation with this flawed idea that renting is somehow cheaper.

You're wrong.

I said that renting can be an attractive decision despite having no home equity at the end.

I understand that owning a home can be an attractive decision as well.

I just think that people who are fanatical about how bad a decision renting is are generally wrong.

Obviously not, but since my rent is low enough then I don't care. They can only be passing $1200 in costs along to me because that's what I'm paying.

My rent being lower than costs for homes is what works in my favor. I lose money forever but it's a relatively small amount of money. The rest of my money can go somewhere else.