The shortage of houses is hitting some people and areas harder than others
www.cnbc.com
The U.S. is facing a shortage of affordable houses relative to only a few years ago, and it's hitting cities such as El Paso, Boise and Spokane the hardest.
    • Admiral Patrick@dubvee.orgEnglish
      5·
      1 year ago

      I hear ya.

      I was still saving to buy a house in 2019 when circumstances beyond my control forced me to accelerate that timeline significantly. My offer was accepted in October and closed and moved-in mid December of that same year. Got a decent interest rate and then refinanced less than a year later during COVID when rates went down even lower.

      2019 was a rough year, but had the unfortunate circumstances not happened and I waited until 2021-2022 to house hunt (which was my original timeline), I’d be in the same boat. I consider myself very lucky even though 2019 was pretty awful otherwise.

  • tallwookie@lemmy.mlEnglish
    2·
    1 year ago

    the median price for a house in my area is $900k. median. if I wanted to buy a house that wasnt in a crime ridden hell hole, I’d have to move somewhere that has no jobs.

    my project at this point in time is building an RV and living it in until I can afford to buy land and run water/sewer/electricity to it. the upside is that a house on wheels can drive where it’s warm.