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Homes "unaffordable" in 99% of nation for average American (www.cbsnews.com)

submitted 11 months ago by Blaze@discuss.tchncs.de to c/personalfinance@lemmy.ml

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[–] WheeGeetheCat@sh.itjust.works 9 points 11 months ago (1 children)

Oh fuck off I missed owning a home because I was too afraid of debt. It's impossible for most to save enough cash for a house outright especially with how insanely the prices inflate

[–] nodsocket@lemmy.world -3 points 11 months ago (1 children)

The rapid inflation occurring right now is expected to slow down in the coming years. Over time it is highly probable you will catch up as long as you keep saving.

[–] American_Communist22@lemmygrad.ml -1 points 11 months ago (1 children)

oh its supposed to slow down

I was told that in 06

[–] TexMexBazooka@lemm.ee 2 points 11 months ago (1 children)

And 08.

[–] American_Communist22@lemmygrad.ml -2 points 11 months ago

and like every other year