Davriellelouna@lemmy.world to News@lemmy.world · 3 months agoWhy is the number of first-time US homebuyers at a generational low?www.theguardian.comexternal-linkmessage-square28linkfedilinkarrow-up1120
arrow-up1120external-linkWhy is the number of first-time US homebuyers at a generational low?www.theguardian.comDavriellelouna@lemmy.world to News@lemmy.world · 3 months agomessage-square28linkfedilink
minus-squarebillwashere@lemmy.worldlinkfedilinkEnglisharrow-up4·3 months agoMaybe it has something to with home prices rising an average of about 7.5 % per year over the last 10 years which means more than doubling. Bought my house 2 years ago and it had doubled in price since 2013.
minus-squarePacattack57@lemmy.worldlinkfedilinkarrow-up1·edit-23 months agoYa housing prices right now are a joke. What nobodies talking about is it doesn’t only affect buyers. Owners are getting screwed on their taxes. I am paying $500/month more this year than last in taxes alone.
Maybe it has something to with home prices rising an average of about 7.5 % per year over the last 10 years which means more than doubling.
Bought my house 2 years ago and it had doubled in price since 2013.
Ya housing prices right now are a joke. What nobodies talking about is it doesn’t only affect buyers. Owners are getting screwed on their taxes. I am paying $500/month more this year than last in taxes alone.