A Boring Dystopia

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'Starter homes' cost at least $1 million in over 200 U.S. cities, Zillow data finds (www.cnbc.com)

submitted 17 hours ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] TheLowestStone@lemmy.world 9 points 11 hours ago (1 children)

All of your question are answered right at the beginning of the article:

"Zillow defines “cities” as distinct housing markets, which can include large suburbs, towns or boroughs within major metro areas. “Starter homes” are defined as properties in the bottom third of home values within a given market. That means these aren’t luxury listings — they’re the least expensive homes available in each city."

[–] taiyang@lemmy.world 1 points 10 hours ago

Gotcha. So yes, it's misleading headline, mostly for the first part since you can probably pull up 200 "cities" where you'd be nuts to find your first home. You aren't getting your first home in Malibu, that's just silly.