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A millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor'
(www.businessinsider.com)
this post was submitted on 14 Aug 2024
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A Boring Dystopia
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Yeah people in the US don't know what housing density actually looks like.
We got a country with a massive amount of land and just decided that the rich should be able to own all of it and if you don't feel like making money rentinf it out to people you rent it out to cars and demolish the house that was there.
We keep pushing further and further into the suburbs though for massive costs of infrastructure for 3 hour commutes to jobs that pay minimum wage though. It feels so unsustainable when I see our farm land being sold to real estate developers to put a massive parking lot and 12 houses on it.
what gets me is the cost. you would think it would be the cheapest given the efficiency but I know plenty of people like myself who would dearly like to live in a high rise towards the city center but they are insanely expensive.
No one is in a rush to build more housing and lower the cost of all the other buildings they own and rent out.