If you make 3x the household income limit, just buy a house normally and save the grants for people who need it. To be clear to those who haven't followed the links... you'd need to make over $300k to be "3 times the household income limit". What a crap complaint.

Yes sir that's what people say so Bringing a soccer team there with so much great soccer history wouldn't bother me until the official stadium is done. It would be a great homecoming.

For those of you wondering why housing costs are so high …

Sounds delicious

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Maybe you’re right, I’m choosing to hope for the best but I’ll show up wherever they play so it’s almost immaterial for me

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How are these offers going? At the income caps, it seems like the prices would have to be very low and the offers would have to be very flexible at a competitive market space.

Just wondering as I am hearing that the low down/FHA offers some friends did aren't really a thing anymore in the competitive starter home space. Realtor friends (actual friends lol, not hired) are saying it's pretty much 20% just to compete and I'm seeing data published at 30% cash offers in some parts of the state.

I do hope it is going well, but I am curious to hear from someone who has successfully navigated the program.

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advising people to wait to buy a home hasn’t been good advice in 80+ years

Lol at that price to income ratio. At my household we are looking to ideally buy a house around $500k ( below the limit) but we make over 3 times the household income limit. Cant imagine going into that much debt with those income numbers.

This isn't true. I've seen plenty of houses that only recovered in value 10+ years later here from underwater mortgages. RI was one of the worst hit states in unemployment, which was around 7% at the worst period.

Never provide evidence. Resolve the rest later.

People should know that the income caps for this program are around 112k (as it should be) or slightly more with kids. Worth noting there is a cut-off and many dual career couples will make too much.

Thanks man, I appreciate your input on it, and I hope it’s not, too. It’s not often this state gets something people can get excited about, you know? When I post about RIFC in r/soccer, they ask if the team will play in Quahog, you get me? I really want this to be a good thing for us and for the city and for the state

Is it anywhere near Pawtucket? I currently don't have a car so walking, bike, buses or Ubers are my only current modes of transportation.

I hope it succeeds, really. You make good points about the positive impact. I just hope it’s not trickle down economics.

Check out Electric Boat. They need hundreds of workers, pay starts at $20/hr, and no prior skill is necessary.

I owned in Tx and owned in RI and to be fair it is nothing compare to RI tax wise . Way less I lived in Houston area to be more specific and it is considered higher tax rate but still way less .

Their property taxes are actually insanely high.

Haha love it

Just get some fake urine at the head shop. Keep it in your waist band, and pour it in the sample cup

Exactly this. I told my husband we can never leave. Instead of upgrading for more space, we're looking at adding an addition.

Please tell me more about how rising interest rates and a looming recession is going to drive sales prices further upwards, oh wise one. My only frame of reference is the housing market following 2008 financial crisis, and the accidental rental properties I picked up back then. Clearly since you’re calling me a “sweet summer child” you have some vast and valuable experience you’d like to share?

Because some people prefer to pay extra to live in the state they want to live in. Price is not everything.