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2022 income needed to afford a typical home in top metros at 30% of HH income
Posted on 9/26/22 at 6:21 pm
Posted on 9/26/22 at 6:21 pm
18
Posted on 9/26/22 at 6:22 pm to rickgrimes
How much for Maine? Thats where I want to head in a few years. Yes i like the cold.
Posted on 9/26/22 at 6:36 pm to rickgrimes
87k in Houston? Yeah maybe if you get a shanty in Pasadena
Posted on 9/26/22 at 6:43 pm to rickgrimes
In two years, it has increased by ~100% in pretty much every area.
What the frick?
What the frick?
This post was edited on 9/26/22 at 6:44 pm
Posted on 9/26/22 at 6:45 pm to rickgrimes
Between my wife and I, we qualify for all of them, but with our student loans, I can assure you we cannot afford homes in most of those markets
Posted on 9/26/22 at 6:46 pm to Scruffy
quote:
What the frick?
It's almost like giving out vast sums of government money causes prices to soar.
Someone should look into this.
Posted on 9/26/22 at 6:46 pm to Scruffy
This post was edited on 9/26/22 at 6:47 pm
Posted on 9/26/22 at 6:46 pm to Scruffy
Corporations and foreign entities buying up all of the real estate.
Posted on 9/26/22 at 6:47 pm to texag7
shite I paid 103k for my Pasadena shanty.
Posted on 9/26/22 at 6:52 pm to Rize
Are we pretending Trump didn't put his name on checks? Are we also pretending Biden didn't steal Trump's idea and give out another round?
But keep cheering for the douchebag over the shite sandwich.
But keep cheering for the douchebag over the shite sandwich.
Posted on 9/26/22 at 6:53 pm to texag7
quote:
87k in Houston? Yeah maybe if you get a shanty in Pasadena
Income needed, not cost of home.
Posted on 9/26/22 at 7:07 pm to rickgrimes
Time to start buying rental property in Houston
Posted on 9/26/22 at 7:20 pm to rickgrimes
This is completely false and inaccurate. You can’t afford a shack with an income of 160k in Austin.
Posted on 9/26/22 at 7:32 pm to rickgrimes
those 2020 numbers are suspiciously low
Posted on 9/26/22 at 7:33 pm to rickgrimes
Thanks. I get all my cost-of-living data from Ndamukong Suh.
This post was edited on 9/26/22 at 7:36 pm
Posted on 9/26/22 at 7:38 pm to mattz1122
quote:
Thanks. I get all my cost-of-living data from Ndamukong Suh.
You must be pretty stupid then.
Posted on 9/26/22 at 7:42 pm to BabyTac
quote:
Time to start buying rental property in Houston
It’s very tough to find real estate that cash flows in major cities, particularly in desirable areas. Big money people/corporations buy these properties knowing they won’t cash flow and bank on the appreciation. Us little guy REI can’t hang.
Posted on 9/26/22 at 7:43 pm to cubsfan5150
These numbers are not even close.
Houston? I'd say six figures easy to afford a house.
Austin? Id say 200k
Houston? I'd say six figures easy to afford a house.
Austin? Id say 200k
Posted on 9/26/22 at 7:48 pm to LoneStar23
Home prices have to come down....it's going to be painful.
Posted on 9/26/22 at 7:48 pm to rickgrimes
Looks like i need to move to la. Tired of hanging around the poors lol
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