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submitted 11 months ago by JoMiran@lemmy.ml to c/news@lemmy.world

TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.

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[-] pixxelkick@lemmy.world 0 points 11 months ago

Way to try and skew the results, took me 5s to find these on page 1 by just clicking to filter off foreclosures.

SMH, all these look just fine to live in, they are a bit old but the inside pics look quite well maintained and cozy.

[-] JoMiran@lemmy.ml -1 points 11 months ago

I am not skewing the results. You have just decided that you are right even though you don't have enough information to back up your claims. Remember when I typed this?

Can you find homes in the 200-250k range? Yes. Should you live there? I wouldn't recommend it.

Of the four houses you listed, I recognize three of the street names and the third is in Ocala. Unless things have drastically changed since 2019, and they might have, you might want to be extra vigilant about your safety. Investment funds have been buying and flipping houses in some of the most crime riddled neighborhoods. So basically, you are spending $250k and betting that they neighborhood will turn around. It might, but it might not.

For context, those houses were well under $100k in 2015. Let us use one of the homes you listed (739 Eldridge St, Orlando, FL 32803) as an example. If you had just scrolled down you would have seen the valuation history.

It is OK to admit to be wrong and accept points of view from people that have more information and context than you. It is a great way to learn and expand your world view.

[-] pixxelkick@lemmy.world 0 points 11 months ago

For context, those houses were well under $100k in 2015

That's nearly ten years ago mate, lol

[-] JoMiran@lemmy.ml -1 points 11 months ago

You are being purposefully daft and you're just embarrassing at this point. Look at 2020, or just wrap yourself in your warm blanket of ignorance. It's your life.

this post was submitted on 16 Jan 2024
366 points (96.7% liked)

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