Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.

Fewer than 4 in 10 non-homeowner households can afford a typical starter home priced around $200,000, according to LendingTree. Households need an annual income of roughly $117,000 to afford the average home, real estate firm Redfin has found.

  • gravitas_deficiency@sh.itjust.worksEnglish
    4·
    14 days ago

    Idk man I’m just chilling and putting as much of my spare cash into foreign assets as I can and waiting for the crash, because it’s probably the only chance I’ll ever have of owning a fucking apartment or condo or house or whatever

      • gravitas_deficiency@sh.itjust.worksEnglish
        1·
        13 days ago

        You can pick ETFs that are targeted on foreign assets in particular fields, or non-US companies that are traded in US markets. Or you can get stuff in actual foreign markets if you wish, as well as opening foreign currency denominated accounts. There are a number of ways to do it.

        Do note that I am not a financial advisor.

    • TubularTittyFrog@lemmy.worldEnglish
      1·
      13 days ago

      the market won’t crash. it will dip.

      as soon as it crashes every billionaire is going to swoop in and prop up the prices.