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Is that 120k for each, or total household?
That 120k a year is still assuming you buy a house on a long term mortgage.
It even says 120k to qualify, not actually comfortably buy.
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(1 replies)
Lol I was making nearly twice that before a layoff and still couldn't afford a condo that amounts to half or one third of a house in the neighborhood I live in.
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(2 replies)
I will repeat this here:
While there are a lot of factors, you really cannot understate the size of the homes being built in the US. We are building homes nearly 3x the size (despite cost per square foot only going up slightly), and pretending it has no effect on housing costs. It's actually pretty insane.
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(5 replies)
Kill zoning and get lower prices.
this post was submitted on 16 Jan 2024
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