Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward - eviltoast
  • OpticalMoose@discuss.tchncs.de
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    1 year ago

    So true. Where I am, a podunk town in the deep south, most of the homes being built are 4 bed, 1800sf+. The ‘starter’ homes with 3 beds, 1200sf are still like $185k which is ridiculous compared to what people make around here.

    Even building condominiums would be an improvement. Personally, I hate condos (because I own one) but at least it gives people the chance to own something.

    • Asafum@feddit.nl
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      1 year ago

      I know you said compared to what people make, but I would kill to see a starter house for under 200k… Where I am (not NYC not Cali) the cheapest is 300k for a twice burned down glorified shed in a flood zone and in the worst parts of town. It’s absofuckinglutley insane…