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This is the sorta shit the aforementioned disinformation has been spreading.
As someone who recently bought a home in a major city, we had no issues like that.
Everything was by the book, we got an inspection, paid under asking price by a small margin, and now live in it. We did the min 5% down payment, and our household income was only about 70k total between the two of us combined.
Took us about a year and a half to save up the down payment, but we got there.
Right now there's dozens of homes I've seen up for sake for weeks and weeks, this month.
Mayne your specific city just sucks and you need to move somewhere affordable and sane.
Based on the rest of your ranting in this thread reeking of "just pull yourself up by your bootstraps and make better life decisions":
That aside: Some people get genuinely lucky. Others will learn the hard way about WHY that house was cheap (see: Texas and Florida). That doesn't change the reality. Unless you are going to say the entire housing crisis is "fake news" which, again, wouldn't overly surprise me based on your other comments.
I own a house, in a major city, in Canada, that I purchased fairly recently.
There are houses in my area that are just as affordable right now.
Are you saying all these for sale signs are fake, it's some kind of psyop or some shit?
Dunno what to tell you but half decent homes go for about 300k here, closer to mid 200ks if it's a fixer upper.
Edmonton, Alberta, population of ~1mil.
Pretty much everytime this comes up, any city discussed, in about 5 minutes I've been able to find affordable homes for 250k to 300k or so that are decent looking and not too far out in the burbs.
But I guess the home I literally live in and bought isn't real.
And no, I didn't get any help from my parents, I didn't get lucky, and my partner and I aren't rich, between the two of us our income was about 70k total combined, took us about a year and a half to save up the down payment on our home, while living in the city.
Turns out your experiences don't equate to everyone else's.
I've yet to see anyone post actual contrary examples.
It's always built on top of bullshit. Either they dip out, or they post clickbait articles that kick things off with the average or median house prices as their foundation.
That or they give an example city and within minutes I can find decent looking affordable homes and suddenly they have a million excuses for why those affordable homes dont count. You can audibly hear the sound of the goal post dragging across the grass.