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Blaze@discuss.tchncs.de to Personal Finance@lemmy.mlEnglish · 2 years ago

Homes "unaffordable" in 99% of nation for average American

www.cbsnews.com

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Homes "unaffordable" in 99% of nation for average American

www.cbsnews.com

Blaze@discuss.tchncs.de to Personal Finance@lemmy.mlEnglish · 2 years ago
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Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
  • 🐱TheCat@sh.itjust.works
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    2 years ago

    Oh fuck off I missed owning a home because I was too afraid of debt. It’s impossible for most to save enough cash for a house outright especially with how insanely the prices inflate

    • nodsocket@lemmy.world
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      2 years ago

      The rapid inflation occurring right now is expected to slow down in the coming years. Over time it is highly probable you will catch up as long as you keep saving.

      • Catradora-Stalinism☭@lemmygrad.ml
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        2 years ago

        oh its supposed to slow down

        I was told that in 06

        • TexMexBazooka@lemm.ee
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          2 years ago

          And 08.

          • Catradora-Stalinism☭@lemmygrad.ml
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            2 years ago

            and like every other year

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