• Sanctus@lemmy.world
    link
    fedilink
    English
    arrow-up
    38
    ·
    7 months ago

    If you don’t have a home now you soon won’t be able to buy one for a very long time.

    • tootoughtoremember@lemmy.world
      link
      fedilink
      arrow-up
      17
      ·
      7 months ago

      The cost of housing in my city, relative to median wages, is the highest it’s been since interest rates were 18%+, and it ain’t much better in any major city I can find work.

      I think the ship has sailed on that one.

    • funkless_eck@sh.itjust.works
      link
      fedilink
      arrow-up
      2
      ·
      7 months ago

      this thought pushed us to buy this year. Some instantly started mocking us for buying while rates are 6% - but nothing I can see on the horizon is going to halve rates in the near future.

    • Atlas@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      7 months ago

      Yeah, my boyfriend and I are in our mid twenties and still not moved out of his parents’ house, but we just made an offer on a house and it was accepted, so fingers crossed.

      Shit is already so rough, and yet it doesn’t seem like it’ll get better. It’s a shame, really.

  • FlashMobOfOne@lemmy.world
    link
    fedilink
    arrow-up
    24
    ·
    7 months ago

    This is the stuff I think of whenever someone says “America is the land of the free”.

    We’re really not. We’re the land of working paycheck-to-paycheck. It’s been eight years since we learned that 40,000,000 people can’t afford a sudden $400 expense.

    It’s a shame. This is what’s going to get a legit fascist elected in November.

  • Zier@fedia.io
    link
    fedilink
    arrow-up
    20
    ·
    7 months ago

    That means you would need a $9.61 per hour raise @40 hours a week, 52 weeks a year to get $20,000 before taxes.

  • Uriel238 [all pronouns]
    link
    fedilink
    English
    arrow-up
    12
    ·
    7 months ago

    In the meantime, our far-right US Supreme Court is on the verge of allowing cities to criminalize homelessness.