this post was submitted on 21 Jan 2024
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[–] Meltrax@lemmy.world 4 points 9 months ago (1 children)

$140k won't buy you a house in almost any even remotely popular city or its suburbs.

[–] BreadstickNinja@lemmy.world 4 points 9 months ago (2 children)

$140k per year is enough to afford a mortgage on a $500k house. You'd have to make crazy money to buy a house outright on a year's salary, so nobody evaluates it that way.

[–] fruitycoder@sh.itjust.works 2 points 9 months ago (1 children)

Is 500k a house to raise a family in or just a place to stay in?

[–] Meltrax@lemmy.world 3 points 9 months ago (1 children)

In Boston, where I live? $500k is an unheated garage.

[–] model_tar_gz@lemmy.world 2 points 9 months ago* (last edited 9 months ago)

San Diego checking in. $500k is a shack in someone’s backyard. Fuck I love it here but damn sometimes I really don’t.

ok ok I exaggerate a little. But everything is crazy expensive here. Nice weather and beaches though. Get to surf every week. Can’t complain.

[–] Meltrax@lemmy.world 2 points 9 months ago (1 children)

$500k houses don't exist in popular cities.

[–] BreadstickNinja@lemmy.world 1 points 9 months ago

That's why I live way the hell out in the suburbs