Orlando realtor Freddie Smith discusses how owning a home and living a typical middle class life has become increasingly unattainable for most millennials and older Gen Z.

TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.

  • Bytemeister@lemmy.worldΕλληνικά
    5·
    10 months ago

    All I can hope for is that when the market inevitably collapses again (let’s face it, this is not sustainable) all these assholes hit rock bottom and the government FINES them instead of bailing them out.

    • nymwit@lemm.ee
      2·
      10 months ago

      Isn’t what’s been happening that corporations buy them for cash they have on hand and now they’re all rentals? It’d have to crash pretty hard to push those guys out I think. [pure speculation by me]