▲ 268 ▼ Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago (fortune.com) submitted 2 years ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world 15 comments fedilink hide all child comments
[–] Sanctus@lemmy.world 38 points 2 years ago (3 children) If you don't have a home now you soon won't be able to buy one for a very long time. permalink fedilink source hideshow 6 child comments replies: [–] tootoughtoremember@lemmy.world 17 points 2 years ago (1 child) The cost of housing in my city, relative to median wages, is the highest it's been since interest rates were 18%+, and it ain't much better in any major city I can find work. I think the ship has sailed on that one. permalink fedilink source parent hideshow 2 child comments replies: [–] some_guy@lemmy.sdf.org 14 points 2 years ago You don’t need shelter snowflake. /s permalink fedilink source parent [–] funkless_eck@sh.itjust.works 2 points 2 years ago (1 child) this thought pushed us to buy this year. Some instantly started mocking us for buying while rates are 6% - but nothing I can see on the horizon is going to halve rates in the near future. permalink fedilink source parent hideshow 2 child comments replies: [–] Juvyn00b@lemmy.world 2 points 2 years ago* And if they do by some stroke of luck you can refinance permalink fedilink source parent [–] breakcore@lemmy.world 0 points 2 years ago Yeah, my boyfriend and I are in our mid twenties and still not moved out of his parents' house, but we just made an offer on a house and it was accepted, so fingers crossed. Shit is already so rough, and yet it doesn't seem like it'll get better. It's a shame, really. permalink fedilink source parent
[–] tootoughtoremember@lemmy.world 17 points 2 years ago (1 child) The cost of housing in my city, relative to median wages, is the highest it's been since interest rates were 18%+, and it ain't much better in any major city I can find work. I think the ship has sailed on that one. permalink fedilink source parent hideshow 2 child comments replies: [–] some_guy@lemmy.sdf.org 14 points 2 years ago You don’t need shelter snowflake. /s permalink fedilink source parent
[–] some_guy@lemmy.sdf.org 14 points 2 years ago You don’t need shelter snowflake. /s permalink fedilink source parent
[–] funkless_eck@sh.itjust.works 2 points 2 years ago (1 child) this thought pushed us to buy this year. Some instantly started mocking us for buying while rates are 6% - but nothing I can see on the horizon is going to halve rates in the near future. permalink fedilink source parent hideshow 2 child comments replies: [–] Juvyn00b@lemmy.world 2 points 2 years ago* And if they do by some stroke of luck you can refinance permalink fedilink source parent
[–] Juvyn00b@lemmy.world 2 points 2 years ago* And if they do by some stroke of luck you can refinance permalink fedilink source parent
[–] breakcore@lemmy.world 0 points 2 years ago Yeah, my boyfriend and I are in our mid twenties and still not moved out of his parents' house, but we just made an offer on a house and it was accepted, so fingers crossed. Shit is already so rough, and yet it doesn't seem like it'll get better. It's a shame, really. permalink fedilink source parent