this post was submitted on 12 Apr 2024
650 points (96.8% liked)
Political Memes
5434 readers
3914 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Hm, you know, you’re right, that’s a fairer point than I expected. I think what I hadn’t appreciated (but do now, after thinking through your reply) was how much “back-pressure” the new home construction puts on the market. The current median house price is about double that 200k-equivalent figure, and while the growth in median house size doesn’t directly account for all of that, the availability of new houses is effectively throttled by the size increase so the prices of all houses rise.
I think it was hard for me to imagine, because I have a fairly small house (1800 sq. ft) bought recently, no garage, built in the 50s, oil heating (very old), and it was 600k. Which is massively expensive compared to 200k and has none of the “big excessive new house” traits you’ve mentioned. Median is median, though, I suppose.