• sunbrrnslapper@lemmy.world
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      1 year ago

      I know it differs pretty wildly, but in King County Washington (Seattle and Bellevue are here) the median home price (condos included) is $830k. That means you have to earn $184k or $88/hour to afford a home, which is insane.

    • Spaceinv8er@sh.itjust.works
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      1 year ago

      Shoot I make roughly 60% more than that and still couldn’t buy a house or rent by myself unless I found a house in another state in a town with a population of 200.

      • FReddit@lemmy.world
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        1 year ago

        Seriously, I finally bought a house, but in a horrible place.

        I couldn’t even rent where I used to live.

        • jiji@lemmy.world
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          1 year ago

          I was lucky enough to buy a house this spring, after being even more lucky to live in an apartment for 6 years without a single rent increase. After I left the apartment I checked their re-listing and it is now $200 more than my current mortgage.

          • FReddit@lemmy.world
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            1 year ago

            The whole thing is a shit show that particularly fucks over young people.

            As an old guy, I’ve been around long enough to see it get worse for generation after generation.

            I’m on the other of the stick now. I won’t live long enough to pay off my mortgage. I’m hoping to work until 70 to max out my social security, otherwise I end up under a bridge.

    • Chev@lemmy.world
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      1 year ago

      Depends. In central Europe you can even build/ buy a house with this amount of money with an 20 year loan.

      • FReddit@lemmy.world
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        1 year ago

        Buying these things is insane for most people.

        In the U.S., the average cost of a house is close to $400,000. This like driving your down payment.