this post was submitted on 01 Oct 2023

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Finance

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Homes "unaffordable" in 99% of nation for average American (www.cbsnews.com)

submitted 11 months ago by throws_lemy@lemmy.nz to c/finance@beehaw.org

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[–] ME5SENGER_24@lemm.ee 8 points 11 months ago (1 children)

It’s sad to think that I’ll probably die before I can retire or purchase a house

[–] StringTheory@beehaw.org 1 points 11 months ago

The “Cheap Old Houses” website is reassuring. It’s not a McMansion in the tony suburbia of a large popular city, but there are small reasonably priced houses in smaller cities and towns. https://www.cheapoldhouses.com/

I have two friends from high school who found houses under $100k within driving distance of larger cities ($60k in Kansas, $32k in Illinois)