New ask Hacker News story: Should those of us looking to buy a house hold off until layoffs happen?
Should those of us looking to buy a house hold off until layoffs happen?
4 by dangerwill | 2 comments on Hacker News.
With all of the layoffs happening, I'm wondering if people have thoughts on if now is not the time to buy a first house, if your company has not already done a round of layoffs? My company has said very clearly that they don't want to do layoffs but that's what all companies are saying until they do the layoffs. Is the job market (USA, in a tech hub city) bad enough out there that an average Senior Software Engineer might need more than a 6 month emergency fund after taking out the 20% down payment?
4 by dangerwill | 2 comments on Hacker News.
With all of the layoffs happening, I'm wondering if people have thoughts on if now is not the time to buy a first house, if your company has not already done a round of layoffs? My company has said very clearly that they don't want to do layoffs but that's what all companies are saying until they do the layoffs. Is the job market (USA, in a tech hub city) bad enough out there that an average Senior Software Engineer might need more than a 6 month emergency fund after taking out the 20% down payment?
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