>The number of US cities where first-time homebuyers are faced with at least a $1 million price tag on the average entry-level home has nearly tripled in the past five years, according to new research.>A Thursday report from Zillow indicates that a typical starter home is now worth $1 million or more in 237 cities, up from 84 cities in 2019, underscoring America’s ongoing home affordability crisis.>“Affordability has been strained across the board,” Orphe Divounguy, a senior economist at Zillow, said. “We see the largest number of million-dollar starter homes in expensive coastal markets. We see them in markets with very low homeownership rates and we see them in markets with more building regulations.”>Zillow defines a “starter home” as being among those in the lowest third of home values in a given region. California, New York and New Jersey contain the highest number of cities with entry-level homes that carry an average million-dollar price tag, but half of all US states have at least one such city, the report said.https://amp.cnn.com/cnn/2024/07/26/business/more-starter-homes-cost-one-million-dollarsYou will never own a home. Instead you’ll keep lining Mr. Shekelberg’s pockets until you die. Welcome to America.
Stop being poor you worthless mongs
>>475773361whites think they are entitled to a detached house on a single income. Indians literally afford these easily by getting the entire family in one home on multiple tech salaries. lower your standards or get replaced, it's that simple.
>>475773618The average income in America, without factoring in the very top 1,000 earners is $37,000.00.
how in the fuck are the defining a starter home? with a handful of exceptions you can find homes for under $50k in every city. the real cost is niggers but this study couldnt possibly admit that.
Bump
