Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.

Fewer than 4 in 10 non-homeowner households can afford a typical starter home priced around $200,000, according to LendingTree. Households need an annual income of roughly $117,000 to afford the average home, real estate firm Redfin has found.

    • Justifier@lemmy.worldEnglish
      1·
      15 days ago

      I can tell you where they are, but you won’t like the build quality.

      They also won’t be built suited for the region and you’d better be bringing a large chunk of cash with you and be either wfh or be ready to commute 100 miles a day because you won’t be making enough to afford their monthly costs relying on local employment

      Ohio

      Louisiana

      Missouri

      You know… The places most people don’t want to live, and where the median household income is ~≤60k

  • gravitas_deficiency@sh.itjust.worksEnglish
    2·
    15 days ago

    Idk man I’m just chilling and putting as much of my spare cash into foreign assets as I can and waiting for the crash, because it’s probably the only chance I’ll ever have of owning a fucking apartment or condo or house or whatever

      • gravitas_deficiency@sh.itjust.worksEnglish
        1·
        15 days ago

        You can pick ETFs that are targeted on foreign assets in particular fields, or non-US companies that are traded in US markets. Or you can get stuff in actual foreign markets if you wish, as well as opening foreign currency denominated accounts. There are a number of ways to do it.

        Do note that I am not a financial advisor.