return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 5 months agoA millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor'www.businessinsider.comexternal-linkmessage-square128fedilinkarrow-up1450arrow-down127file-textcross-posted to: economics
arrow-up1423arrow-down1external-linkA millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor'www.businessinsider.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 5 months agomessage-square128fedilinkfile-textcross-posted to: economics
minus-squareMoogleMaestro@lemmy.ziplinkfedilinkEnglisharrow-up24·5 months ago Over the past three years, the couple, who are both 36 and live in a suburb of Portland, Oregon, have been looking for a home. Yeah, it be like that here. Most houses are costing around 1,000,000 in the Portland area due to wealthy techbros moving from San Fran.
minus-squarechatokun@lemmy.dbzer0.comlinkfedilinkarrow-up4·5 months agoSure, but it’s also harder to have that pay in areas that don’t charge that much. It’s like real estate keeps rising prices right until it uses up almost all your money…
minus-squarebuddascrayon@lemmy.worldlinkfedilinkarrow-up4·5 months agoThere’s also a trend of hedge funds purchasing land and homes with the sole purpose of renting or using them as Airbnb’s as a method of “investing”.
Yeah, it be like that here. Most houses are costing around 1,000,000 in the Portland area due to wealthy techbros moving from San Fran.
Sure, but it’s also harder to have that pay in areas that don’t charge that much. It’s like real estate keeps rising prices right until it uses up almost all your money…
There’s also a trend of hedge funds purchasing land and homes with the sole purpose of renting or using them as Airbnb’s as a method of “investing”.