1 of 15: It has been hard to convey, through anecdotes or data, how bizarre the U.S. housing market has become. For example, a Bethesda, Maryland homebuyer working with @Redfin included in her written offer a pledge to name her first-born child after the seller. She lost.— Glenn Kelman (@glennkelman) May 25, 2021
The average housing budget for out-of-towners moving to Nashville was $720K, ~50% higher than locals’ $485K budget. It used to be coastal elites who worried that every adult in the family had to win a career lottery, just to afford a home. Now that feeling may spread.
That is fucking horrifying.
fully expect to never afford a house in my life. maybe one day I'll just take one over with the comrades but I'll never afford one.
:kalish: :meow-anarchist: