• Rayston@kbin.social
      link
      fedilink
      arrow-up
      12
      arrow-down
      1
      ·
      1 year ago

      Compare the median salaries in those places to chart, doesnt seem very cheap to me.

      I live in phoenix.

      Less than 7% of people make enough to buy a home per this chart.

    • principalkohoutek [none/use name]@hexbear.net
      link
      fedilink
      English
      arrow-up
      7
      ·
      1 year ago

      Just making sure you know the prices listed aren’t home prices, it’s the buyer’s necessary minimum annual salary to purchase the house. Unless you’re Australian, in which case America is actually cheap by comparison

      • Kaputnik [he/him]@hexbear.net
        link
        fedilink
        English
        arrow-up
        3
        ·
        1 year ago

        Also cheap compared to Canada, especially around the great lakes region. Across the lake in Canada is one of the most unaffordable places to live in the country, along with the southwest coast

    • ricecake@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      5
      arrow-down
      1
      ·
      1 year ago

      That’s not home price, that’s salary requirements.a house in San Jose costs $1.6 million, not $375 thousand. You’re paying about $9 thousand a month before taxes.

    • Asafum@feddit.nl
      link
      fedilink
      English
      arrow-up
      4
      arrow-down
      2
      ·
      1 year ago

      Huh? A typical salary here couldn’t afford any of these. 0.

      We’ve literally made our society completely dependent on marriage/dual income. For those of us that are perpetually single and don’t have a WFH tech job that could go anywhere, homeownership is as obtainable as a unicorn.