https://medium.com/@chrisjeffrieshomelessromantic/poll-70-of-americans-between-the-ages-of-23-and-40-who-want-to-buy-a-home-say-they-cant-afford-07902bcaea6d The dream of homeownership has long been a cornerstone of the American dream. However, for a significant portion of young Americans, this dream remains elusive. A staggering 70 percent of individuals aged 23 to 40 who aspire to buy a home find themselves unable to afford it. This article delves into the root causes of this affordability crisis, exploring economic, societal, and policy factors that contribute to the struggle faced by millennials and Gen Z

  • join_the_iww [he/him]
    ·
    3 months ago

    I wish homeownership wasn’t so important in the US.

    I’m probably going to buy a house at some point because it’s what makes sense given how our society is currently set up, but really I wish I could just rent an apartment for the same as (or marginally more than) what it costs to maintain & insure an apartment. If I could do that then I wouldn’t really give a shit about owning a home.

    • porcupine@lemmygrad.ml
      ·
      3 months ago

      you're describing a condo, and good luck finding one if you don't make at least 6 figures and can't pay in cash. you'll be competing with investors who snap them up within a week of listing.