The main driver of the “I’ll never be able to buy a house” narrative are mortgage interest rates, which are transient. When rates go back down, people will suddenly be able to afford many more options. But yeah, every now and then I look at how much house I could buy in Michigan…
Yup. And people keep posting from the hottest markets in the US. “I can’t believe the prices in Palo Alto!” Live in a rural area and have a shitty commute like the rest of us.
protist@mander.xyz 4 weeks ago
I was thinking Ohio, but sure
PlainSimpleGarak@lemmings.world 4 weeks ago
Please keep spreading this narrative. Gotta keep housing prices down. Got an awesome price on my new house several years ago.
protist@mander.xyz 4 weeks ago
The main driver of the “I’ll never be able to buy a house” narrative are mortgage interest rates, which are transient. When rates go back down, people will suddenly be able to afford many more options. But yeah, every now and then I look at how much house I could buy in Michigan…
SocialMediaRefugee@lemmy.world 4 weeks ago
Yup. And people keep posting from the hottest markets in the US. “I can’t believe the prices in Palo Alto!” Live in a rural area and have a shitty commute like the rest of us.