• Catsrules@lemmy.ml
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    1 year ago

    You mean the houses that use to be $75-150K with a 3% interest are now $100-200K at 8% interest? Your so right very affordable what a deal!

    I hope those people living in the Midwest making 40K a year got their income bumped up to 60-70K a year so they could afford the new housing market.

    The issue is housing is going up faster then income.

    • Sinonatrix [comrade/them]@hexbear.net
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      1 year ago

      I hope those people living in the Midwest making 40K a year got their income bumped up to 60-70K a year so they could afford the new housing market.

      That’s the real rub with these studies that use national averages. It’s not affordable for anyone, anywhere - unless you’re blessed with a remote job paying HCOL money and don’t mind moving somewhere where the nearest doctor is an hour away and the local past time is fentanyl and larceny.