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11 Comments
Because it is…
My plan for home ownership is move in with my parents when they are in their final years and then wait.
They can get a house, just not a sfh
Half million dollars for a unlivable shoebox in sky – this is your dream as youth
This is NOT news anymore! This is reported on regularly with no solutions or actions to fix it.
Actually doing something about it would be news! Stop telling us things we already know. It’s so demoralizing.
I think we can classify this news as spam now.
thank god for TN-1
Unfortunately the killer for most younger people is not the cost of the house it’s getting the down payment. For many the rental cost is close to or more than a mortgage cost and is “somewhat” affordable if not for the initial down payment…
Who will buy the boomer homes then when they die?
They are rich on paper but when push comes to shove your assets are only worth what others will pay for it.
“feel” …. this isn’t feels…this is reality..
Ban corporate ownership and AirBNB style. Anything else will never solve the problem.
There are corporations who own tens of thousands of single family dwellings.