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

submitted 1 year ago by Blaze@discuss.tchncs.de to c/personalfinance@lemmy.ml

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[–] Cheers@sh.itjust.works 4 points 1 year ago

ATL had a pretty good program at one point. If you made $60k, you could buy a $250k house with the requirement that you would be the primary resident for the first year.

What's even better is that the comparables in the area were all $450k, so 3 years later, all of the homes got valued around $500-600k.