this post was submitted on 08 Oct 2023
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United States | News & Politics

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The US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec says (finance.yahoo.com)
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[–] Letstakealook@lemm.ee 4 points 1 year ago

My job brought me to Indiana last year from Denver. I thought I might be able to afford a home here. Nope. I'm paying the same in rent for older apartments. The homes face the same pricing issues as the rest of the country. Additionally, as you mentioned, folks are coming in with cash over the asking price. The whole thing is fucked.