There is a current shift that is going on in the housing market as there are not many homes currently available, and the ones that are available have sky high prices. Jasmine Nazarett was looking to buy a home because the price of rent is also extremely high. She was a first time buyer so there was nerves throughout the process but she saved up money from not having to pay her student loans. Jasmine ended up settling on a condo outside of Washington D.C.
- Rent prices are sky high right now so Nazarett wanted to buy a home because the price difference wasn’t much.
- Due to COVID, Nazarett has not had to pay student loans and was able to save up a good chunk of money.
- Nazarett is a first time home buyer and they originally started looking for a condo outside of D.C.
“I will say, like, the pandemic was tragic, and it has sucked for many people.”
Read more: https://www.npr.org/2022/05/21/1100562868/aspiring-home-buyers-shift-expectations-in-hot-housing-market
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