- cross-posted to:
- housing_bubble_2@lemmy.world
- cross-posted to:
- housing_bubble_2@lemmy.world
My salary didn’t change at all, but homes went up 82%. The money I saved for a down payment and my salary no longer are good enough for this home and many others. This ain’t even a “good” home either. It was a 200k meh average ok home before. Now it’s simply unaffordable
In my area, it’s a 100-150% increase in four years.
It doesn’t sound like much until you see numbers.
A $350k house is now $700k for no reason.
A $400k house is now a million.
It’s depressing.