There is a shortage of homes in US for people who make less than $100,000 : usa

[+] [email protected] 6 points 2 years ago (1 children)

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[–] [email protected] 5 points 2 years ago* (last edited 2 years ago)

I hear ya.

I was still saving to buy a house in 2019 when circumstances beyond my control forced me to accelerate that timeline significantly. My offer was accepted in October and closed and moved-in mid December of that same year. Got a decent interest rate and then refinanced less than a year later during COVID when rates went down even lower.

2019 was a rough year, but had the unfortunate circumstances not happened and I waited until 2021-2022 to house hunt (which was my original timeline), I'd be in the same boat. I consider myself very lucky even though 2019 was pretty awful otherwise.

[–] [email protected] 4 points 2 years ago

the median price for a house in my area is $900k. median. if I wanted to buy a house that wasnt in a crime ridden hell hole, I'd have to move somewhere that has no jobs.

my project at this point in time is building an RV and living it in until I can afford to buy land and run water/sewer/electricity to it. the upside is that a house on wheels can drive where it's warm.

[–] MyOpinion 1 points 2 years ago (1 children)

Housing needs to become a right in America.

[–] zombuey 1 points 2 years ago

corporate landlords need to be regulated. Right now Investment firms own more than 25%(as of 2022 and number is expected to rise) of all single family homes in America. It was impossible to buy a home trying to compete with these corporate investors because they would make upfront cash offers no strings. These corporate landlords are just a parasite feeding off our economy.

[–] zombuey 1 points 2 years ago

wait people who make less than 100k can afford to buy a house?

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