Across much of the U.S., owning a home now requires spending more for housing than experts generally recommend.

https://archive.ph/Rq64N

  • Llituro [he/him, they/them]
    ·
    11 days ago

    what's that? having unlimited lebensraum still doesn't make capitalism work? say it ain't so...

    • Abracadaniel [he/him]
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      11 days ago

      Didn't we have lebensraum when it was the era of free-real-estate? That ended a while back and we're just watching the dial labelled "cool zone" go up.

      • Llituro [he/him, they/them]
        ·
        11 days ago

        given the extreme inflation of property valuations in burgerland, it still essentially is like that in most of the country, it just turns out that urban organization of human society is by far the most important for industrial society. so despite having "free real estate" the whole time, the contradictions of capital prevent that from working out as predicted.

  • Infamousblt [any]
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    11 days ago

    Easy solution there is just recommended people spend more on housing think-about-it

    This is definitely what they will do rather than fix the actual problem.

    • Mokey [none/use name]
      ·
      11 days ago

      It an investment you see you should want to put a lot of money in it

  • BoxedFenders [any, comrade/them]
    ·
    11 days ago

    lol@ expert recommendation to never pay more than 28% of your salary on housing expenses. That shit flew out the window years ago and it's been practically impossible in NYC for at least 20 years.

  • DragonBallZinn [he/him]
    ·
    11 days ago

    porky-happy: "We did it everyone! Homeowners have seen the best return on their investments in human history!"