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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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[–] LongPigFlavor@lemmy.world 5 points 11 months ago (1 children)

If it weren't for my parents I couldn't afford to live in this state as I live with them. Even as a homeowner, my mom is finding it hard to cope as homeowners insurance rates keep rising and the crisis is deepening as more insurers leave the state or stop offering new policies. I financed a used car back in 2022 for $8,500. I don't think I'll ever own a home here, not that I'd want to anyway, and as for cars I'm better off buying cheap and used.

[–] rosymind@leminal.space 5 points 11 months ago (1 children)

California too, huh? That or... Florida?

[–] LongPigFlavor@lemmy.world 4 points 11 months ago (2 children)

Florida.

[–] pingveno@lemmy.ml 4 points 11 months ago* (last edited 11 months ago)

Meanwhile, Florida's Republican politicians plug their ears the moment anyone mentions the numerous threats Florida faces in the here and now from climate change. How dare anyone ask me to do anything about my state being overrun by the ocean and smothered by increasing hurricanes! Shameful!

[–] teamevil@lemmy.world 2 points 11 months ago

I just made the mistake of moving here....truth on never owning a home.