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Fewer than 4 in 10 non-homeowner households can afford a typical starter home priced around $200,000, according to LendingTree. Households need an annual income of roughly $117,000 to afford the average home, real estate firm Redfin has found.

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[-] thoughtfuldragon 6 points 2 days ago

I wish I could find these 200k starter homes.

[-] Justifier@lemmy.world 2 points 2 days ago

I can tell you where they are, but you won't like the build quality.

They also won't be built suited for the region and you'd better be bringing a large chunk of cash with you and be either wfh or be ready to commute 100 miles a day because you won't be making enough to afford their monthly costs relying on local employment

Ohio

Louisiana

Missouri

You know... The places most people don't want to live, and where the median household income is ~≤60k

[-] thoughtfuldragon 3 points 2 days ago

Idk I think all those places want to kill me.

[-] Justifier@lemmy.world 1 points 1 day ago

😂 yeah no argument there

Worse, they're mostly culturally bereft

Still I personally chose to live in these regions over playing the losing games required to live in what most people consider better areas

Idk man I’m just chilling and putting as much of my spare cash into foreign assets as I can and waiting for the crash, because it’s probably the only chance I’ll ever have of owning a fucking apartment or condo or house or whatever

[-] Galapagon@sh.itjust.works 3 points 2 days ago

How are you putting into foreign assets? Any bundles like s&p I should consider?

You can pick ETFs that are targeted on foreign assets in particular fields, or non-US companies that are traded in US markets. Or you can get stuff in actual foreign markets if you wish, as well as opening foreign currency denominated accounts. There are a number of ways to do it.

Do note that I am not a financial advisor.

this post was submitted on 12 Jul 2026
21 points (100.0% liked)

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