Get off your ass and get 50+ full time jobs you lazy fucks!
A Boring Dystopia
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If I keep paying the current $1200 a month to my landlord it'll eventually trickle down to me. No doubt!
Then with that revenue, I'll buy my first house!
In reality, I'm almost 28 and I have no delusions about home ownership. Just like retirement!
My only hope of home ownership around here is waiting for my parents to die and inheriting one. That said, I keep telling them to sell all their shit, move somewhere cheaper, and retire for fuck's sake, so we'll see how that pans out.
And stop earning avocados.
Stop eating avocados. Start eating landlords.
Tough to stomach at first, but very good for you and the community.
This is the inevitable result of infinite growth. You aren't getting a home in world class locations without being at the very top yourself. Sure other people lucked into the right place and the right time. Go buy lottery tickets. Or set down in location that is more affordable. With any luck you'll be a multimillionaire when you're elderly too. And the kids of the year 2060 will hate you for the dastardly plot you schemed up with your friends to ruin everything.
We're all part of the rat race that is fucking us over. Nobody wants to flinch. So we continue to eat each other alive.
This recommends 2 to 3 years of annual income to be the price of your house
So... how many of yall are making $300k a year?
Zillow is a part of the problem. With all the data collected and only a few companies, prices are conveniently increasing at extreme rates. It is not just cities; land and rural areas are increasing at high rates.
The real issue is the commodification of housing. Houses shouldn't make people money; they are supposed to be homes to live in.
This! We have the means to provide housing for everyone but don't because, fuck you thats why.
Speaking of which, zillow's stupid "zestimate" is worthless. Any assclown can put their house up for way too high a price and the zestimate will automatically jump up to match.
Apparently the value is whatever the seller says it is, even if the home has been on the market for over a year (either continuously or repeatedly taken off and put on, I guess to reset the time on market).
"Why do we have so many homeless?"
Guess it's a nonstarter.
A starter home?! This home is a finisher home! A shelterer of gods! The GOLDEN GOD!
I am untethered, and my rage knows no bounds!
You rang?
* curb your enthusiasm theme plays *
Living in a VAN down by the RIVER!
I'll be able to afford a van and have a river view?
Vanlife here I come!
This.....is hard to believe. I've been looking around non-major US cities, and even some major cities, and the starter homes are around 200-500k.
That's still fucked for a starter home but a million?????? That's the average home price in Honolulu and NYC lol.
i was going to say its avg in the west coast blue area. 200-500k is "cheap"
Well... define starter home. I got a starter for about half that in LA but I have a shared wall townhome. Not great, but if we're talking no shared walls and a yard, ya I can see that costing more... Except I also saw those for about this price, only with like... 600sq ft? Pick you battles, but those aren't a million even in the city.
Now, maybe the 200 cities are specific neighborhoods, like how Santa Monica isn't technically Los Angeles since it's got it's own city government. Same with Beverly Hills, Bel Air, etc. You sure as hell ain't getting a place for 1 mil there, even if it's a small "starter home."
All of your question are answered right at the beginning of the article:
"Zillow defines “cities” as distinct housing markets, which can include large suburbs, towns or boroughs within major metro areas. “Starter homes” are defined as properties in the bottom third of home values within a given market. That means these aren’t luxury listings — they’re the least expensive homes available in each city."