this post was submitted on 28 Jan 2024
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251
Gold for house (lemmy.ca)
submitted 9 months ago by n7gifmdn@lemmy.ca to c/memes@lemmy.ml
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wood for sheep?

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[–] ikapoz@sh.itjust.works 14 points 9 months ago (2 children)

Median home price in the US last year was about 450k, so I’d say your scale is a bit skewed.

[–] shalafi@lemmy.world 3 points 9 months ago

Jesus. Got my house 7-years ago on a Habitat for Humanity mortgage, for which you pay cost. ~85K? Also, no interest on the loan. Also, no property tax.

3-bed/2-bath/80'x200' lot/1,140sq. ft. living space/$550mo.

Call your local Habitat chapter, go to the next meeting and learn. Keep going with the program if you can. Took my ex-wife and I 14-months, start to finish.

I can't tell you the qualifications, they change and are different from one area to the next. I can give you some basic answers, at least I'll try.

[–] skydivekingair@lemmy.world 3 points 9 months ago

Yeah I was going to say Upper Middle Class but I’ve seen some dumpy houses for those prices and it’s really titled by if you bought when interest rates were low vs the last year or so.