Mildly Infuriating@lemmy.worldEnglish · 16 days ago

Houses in my area increases 82% in just 4 years

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Houses in my area increases 82% in just 4 years

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Buttflapper@lemmy.world to

Mildly Infuriating@lemmy.worldEnglish · 16 days ago

159

cross-posted to:
[email protected]

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

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EndlessNightmare@reddthat.com
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16 days ago
Housing price increases are actively harmful to those who want to upgrade, since it increases the incremental cost of upgrading.
- mesamune@lemmy.world
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  15 days ago
  Housing Taxes also increase.

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