return2ozma@lemmy.world to News@lemmy.world · 2 months agoThe average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert sayswww.cnbc.comexternal-linkmessage-square35fedilinkarrow-up1605cross-posted to: usa@lemmy.mleconomics@lemmy.worldhousing_bubble_2@lemmy.worldusa@lemmy.mlusa@lemmy.mlaboringdystopia@lemmy.world
arrow-up1605external-linkThe average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert sayswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 2 months agomessage-square35fedilinkcross-posted to: usa@lemmy.mleconomics@lemmy.worldhousing_bubble_2@lemmy.worldusa@lemmy.mlusa@lemmy.mlaboringdystopia@lemmy.world
minus-squareAutistoMephisto@lemmy.worldlinkfedilinkarrow-up41·2 months agoWell, yeah. “House” no longer means “Place where people live”. It’s now defined as “long-term investment/passive income generator”.
minus-squarePhoenicianpirate@lemm.eelinkfedilinkEnglisharrow-up7·2 months agoExactly. Which is why so many super expensive houses are actually fucking run down in run down shit neighborhoods. I rarely agree with dictators, but when Xi xing ping said that houses are for living and not speculation he damn well was right.
Well, yeah. “House” no longer means “Place where people live”. It’s now defined as “long-term investment/passive income generator”.
Exactly. Which is why so many super expensive houses are actually fucking run down in run down shit neighborhoods.
I rarely agree with dictators, but when Xi xing ping said that houses are for living and not speculation he damn well was right.