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

  • Glifted@lemmy.worldEnglish
    172·
    18 days ago

    My lucky ass bought a house in late 2019. I’m happy I’m making money on it but this doesn’t seem healthy

    • Lost_My_Mind@lemmy.worldEnglish
      104·
      18 days ago

      You’re right. It’s not healthy to profit so much from corporations greed.

      Therefore, it’s only right that you sell me your house for $1

    • NielsBohron@lemmy.worldEnglish
      3·
      18 days ago

      We got in on on our house in early 2016 and the price of real estate in our area increased by 20% while we were in escrow.

      Our house has more than doubled in price since then but if we had fallen out of escrow, we would not have been able to buy anything anywhere near our jobs/preferred city (and my partner and I have a combined income north of 150k/year).

      Shit is crazy these days