this post was submitted on 16 Aug 2023
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But that's only in the most expensive towns in those coastal cities.
The OP replied to was making it sound like all houses in the US was like that.
Most houses in desirable parts of the US are that bad. The cheap housing is in places that people don’t want to live, be it for location, job opportunities or culture/local laws.
And it’s not just the expensive towns. It’s any town. My childhood home an hour away from a major city has exponentially gone up in price, just as the ones in the city have done.
I don't want to defend corporations that use real estate to gain profits, but at the same time, it's not just any town, and I know this for a fact, as I started out by buying a very low price but very nice house that required a very long commute to my workplace, for low pricing.
They're definitely needs to be an adjustment in salaries to match everything that is purchasable today, but to say that every housing in the country, no matter where it's located, is not affordable is just not true.