“Our home now is worth more than twice what we paid for it. That could be seen as a reason to sell, but we do like living here. I tend to be a person who looks to make what I have work, rather than looking for something new, and so we’ve certainly saved money that way on fixing up what we have instead of upgrading to a new place.”
Many Hoosiers aim to invest in a home of their own. However, affordability is a concern, especially in the current environment of high prices and rising interest rates.
“The generational wealth that homeownership can bring to future generations is more than just the dollars and cents that somebody could get from that real estate transaction. The wealth really comes from the stability of having a home, of not needing to go through the rent increases year after year.”
“People who are already in poverty are vulnerable to others who simply don’t care about them. That’s what ends up being an issue for these kids and young adults, because what happens next?”
“That’s where our housing market is at right now. It’s quite scary. We need more affordable housing, anything that makes it more affordable for people who do not have the option or opportunity to increase their income.”
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