250
Gold for house
(lemmy.ca)
wood for sheep?
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 28 Jan 2024
250 points (74.7% liked)
Memes
44882 readers
1945 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
Median home price in the US last year was about 450k, so I’d say your scale is a bit skewed.
Jesus. Got my house 7-years ago on a Habitat for Humanity mortgage, for which you pay cost. ~85K? Also, no interest on the loan. Also, no property tax.
3-bed/2-bath/80'x200' lot/1,140sq. ft. living space/$550mo.
Call your local Habitat chapter, go to the next meeting and learn. Keep going with the program if you can. Took my ex-wife and I 14-months, start to finish.
I can't tell you the qualifications, they change and are different from one area to the next. I can give you some basic answers, at least I'll try.
Yeah I was going to say Upper Middle Class but I’ve seen some dumpy houses for those prices and it’s really titled by if you bought when interest rates were low vs the last year or so.