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[-] Sanctus@lemmy.world 38 points 7 months ago

If you don't have a home now you soon won't be able to buy one for a very long time.

[-] tootoughtoremember@lemmy.world 17 points 7 months ago

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.

[-] some_guy@lemmy.sdf.org 14 points 7 months ago

You don’t need shelter snowflake. /s

[-] funkless_eck@sh.itjust.works 2 points 7 months ago

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.

[-] Juvyn00b@lemmy.world 2 points 7 months ago* (last edited 7 months ago)

And if they do by some stroke of luck you can refinance

[-] breakcore@lemmy.world 0 points 7 months 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.

[-] Dreizehn@kbin.social 28 points 7 months ago

US income distribution is on the same level as Russia.

[-] Donebrach@lemmy.world 0 points 7 months ago

The two countries: US and Russia.

[-] FlashMobOfOne@lemmy.world 24 points 7 months ago

This is the stuff I think of whenever someone says "America is the land of the free".

We're really not. We're the land of working paycheck-to-paycheck. It's been eight years since we learned that 40,000,000 people can't afford a sudden $400 expense.

It's a shame. This is what's going to get a legit fascist elected in November.

[-] buzz86us@lemmy.world 0 points 7 months ago

Maybe his supposed super cities with VTOL, and affordable housing become a thing? LMAO

[-] Zier@fedia.io 21 points 7 months ago

That means you would need a $9.61 per hour raise @40 hours a week, 52 weeks a year to get $20,000 before taxes.

[-] christopherius@kbin.social 8 points 7 months ago

Good luck getting 40 hours a week

[-] UckyBon@lemmy.world 2 points 7 months ago

My yearly income is US$10k. It's insane.

[-] uriel238@lemmy.blahaj.zone 11 points 7 months ago

In the meantime, our far-right US Supreme Court is on the verge of allowing cities to criminalize homelessness.

[-] UckyBon@lemmy.world 4 points 7 months ago

Wrong. The far right is suggesting it and the mid is allowing it.

this post was submitted on 12 May 2024
267 points (98.2% liked)

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