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

oh its supposed to slow down

I was told that in 06

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

And 08.

[–] American_Communist22@lemmygrad.ml -2 points 1 year ago

and like every other year