@return2ozma@lemmy.world to

News@lemmy.world • 1 year ago

Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward

finance.yahoo.com

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Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward

finance.yahoo.com

@return2ozma@lemmy.world to

News@lemmy.world • 1 year ago

This ‘crucial milestone’ that signifies financial stability will be lost on new homeowners for more than a decade.

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@UnspecificGravity@discuss.tchncs.de
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fedilink
0•1 year ago
There wouldn’t even be a payback period at all if they weren’t calculating for anticipated value growth.
- @iopq@lemmy.world
  link
  fedilink
  1•1 year ago
  That’s not true, you eventually win due to not paying rent in perpetuity

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