There’s a whole lot of 5000 sq. ft. houses out there. A whole lot more than there are families of ten to live in them.
I’m buying right now. The house is modest and tidy, if a bit large for just myself and the soon-to-be-adopted cat. I put a hard-saved 20% down on it, and the mortgage payments are less than I would pay in rent.
Job number one after settlement will be accumulating a significant cash reserve. I am planning to accumulate a YEAR’S expenses before I branch out at all financially, with the exception of doing a company stock purchase thing.
I went through my flat-broke can’t-afford-a-tank-of-gas phase about two and a half years ago. I ain’t going there again, not if I can help it.
Solves two problems at one fell swoop! I expect this to be happening in the near future, with government stepping in to give these homes away to socialism's constituents.