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rickgrimes
LSU Fan
Member since Jan 2011
3952 posts

2022 income needed to afford a typical home in top metros at 30% of HH income



LINK

This post was edited on 9/26 at 6:23 pm


USMCguy121
US Marine Corps Fan
Northshore
Member since Aug 2021
3642 posts

How much for Maine? Thats where I want to head in a few years. Yes i like the cold.


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211
texag7
USA Fan
College Station
Member since Apr 2014
35972 posts

87k in Houston? Yeah maybe if you get a shanty in Pasadena



Scruffy
USA Fan
Kansas City
Member since Jul 2011
70257 posts

In two years, it has increased by ~100% in pretty much every area.

What the frick?
This post was edited on 9/26 at 6:44 pm


PappaSwolio
LSU Fan
Not Louisiana
Member since Sep 2022
453 posts

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


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124
tterrific
Member since Sep 2022
649 posts

quote:

What the frick?


It's almost like giving out vast sums of government money causes prices to soar.

Someone should look into this.


Rize
Texas Fan
Baton Rouge
Member since Sep 2011
13712 posts
 Online 

This post was edited on 9/26 at 6:47 pm


yaboidarrell
LSU Fan
westbank
Member since Feb 2017
4246 posts

Corporations and foreign entities buying up all of the real estate.


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192
GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
60260 posts
 Online 

shite I paid 103k for my Pasadena shanty.


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33
SlimTigerSlap
Member since Apr 2022
1129 posts

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.


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USA
Member since 2001
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SlimTigerSlap
Member since Apr 2022
1129 posts

quote:

87k in Houston? Yeah maybe if you get a shanty in Pasadena

Income needed, not cost of home.


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100
BabyTac
Louisiana Tech Fan
Austin, TX
Member since Jun 2008
9581 posts

Time to start buying rental property in Houston


LoneStar23
USA Fan
USA
Member since Aug 2019
4202 posts
 Online 

This is completely false and inaccurate. You can’t afford a shack with an income of 160k in Austin.


GreatLakesTiger24
Member since May 2012
49735 posts
 Online 

those 2020 numbers are suspiciously low


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41
mattz1122
Houston Fan
Member since Oct 2007
49303 posts

Thanks. I get all my cost-of-living data from Ndamukong Suh.
This post was edited on 9/26 at 7:36 pm


cubsfan5150
US Air Force Fan
Member since Nov 2007
13810 posts

quote:

Thanks. I get all my cost-of-living data from Ndamukong Suh.


You must be pretty stupid then.


nugget
LSU Fan
Mostly Peaceful Poster
Member since Dec 2009
13009 posts
 Online 

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.


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30
BearCrocs
LSU Fan
Member since Aug 2013
5263 posts

These numbers are not even close.

Houston? I'd say six figures easy to afford a house.

Austin? Id say 200k


member12
Marquette Fan
Bob's Country Bunker
Member since May 2008
30701 posts

Home prices have to come down....it's going to be painful.


dandan
Member since Nov 2007
3831 posts

Looks like i need to move to la. Tired of hanging around the poors lol


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