The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says - eviltoast
With home prices up nearly 40% since 2020, buyers are now wealthier and older, making them more likely to outbid younger buyers with all-cash offers.
  • Phoenicianpirate@lemm.eeEnglish
    6·
    10 days ago

    Exactly. Which is why so many super expensive houses are actually fucking run down in run down shit neighborhoods.

    I rarely agree with dictators, but when Xi xing ping said that houses are for living and not speculation he damn well was right.