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A millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor'
(www.businessinsider.com)
this post was submitted on 14 Aug 2024
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A Boring Dystopia
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Yeah I can't wait to figure out dual income cause it really is the only way to scrounge for even the basic of life in the western world.
But the issue seems to be that the "floor" has become a real cemented thing. Where it was once a sorta vague idea of lowest costs for an area the connection of everything has made it real and now there is no "house" that would dare sell lower than the floor because it should sell for that as agreed upon by an algorithm averaging all costs.
But houses are assets and there shouldn't be such a thing as an asset that goes down in value rich should only get richer cause that's only natural! /s