Americans need a six-figure salary to afford a new home in most cities

Re:Americans need a six-figure salary to afford a new home i... by pkulak on Tuesday November 14, 2023 @06:07PM (#38271123)

Cheap per square foot. Here's a random pin drop I did outside Houston:

http://public.kulak.us/screenshots/2023-11-14-150246.png

and here's central Portland:

http://public.kulak.us/screenshots/2023-11-14-150343.png

Those may be expensive houses in the first image, but I guarantee cost per square foot is an order of magnitude cheaper. If waves of folks want the first image, more power to them. I'm not gonna stop them. But I also don't want to pay for it.

[ Parent | on HN ]

Re:Americans need a six-figure salary to afford a new home i... by Always_Anon on Wednesday November 22, 2023 @12:44AM (#38375139)

>Those may be expensive houses in the first image, but I guarantee cost per square foot is an order of magnitude cheaper.

I guarantee they're not. Portland average house price is $500k [0]. Your example of Katy, TX is $365k [1]. Not even close to an order of magnitude.

>If waves of folks want the first image, more power to them. I'm not gonna stop them. But I also don't want to pay for it.

If waves of folks want this image [2], more power to them. I'm not gonna stop them. But I also don't want to pay for it.

[0] https://www.redfin.com/city/30772/OR/Portland/housing-market

[1] https://www.redfin.com/city/9764/TX/Katy/housing-market

[2] https://nypost.com/wp-content/uploads/sites/2/2022/10/portla... https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2F...

[ Parent | on HN ]