Personal Finance

3819 readers

1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago

MODERATORS

WandererLagomorph799@lemmy.ml

nieceandtows@programming.dev

nieceandtows@lemmy.ml

709

Homes "unaffordable" in 99% of nation for average American (www.cbsnews.com)

submitted 1 year ago by Blaze@discuss.tchncs.de to c/personalfinance@lemmy.ml

146 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] LongPigFlavor@lemmy.world 5 points 1 year ago (1 children)

If it weren't for my parents I couldn't afford to live in this state as I live with them. Even as a homeowner, my mom is finding it hard to cope as homeowners insurance rates keep rising and the crisis is deepening as more insurers leave the state or stop offering new policies. I financed a used car back in 2022 for $8,500. I don't think I'll ever own a home here, not that I'd want to anyway, and as for cars I'm better off buying cheap and used.

[–] rosymind@leminal.space 5 points 1 year ago (1 children)

California too, huh? That or... Florida?

[–] LongPigFlavor@lemmy.world 4 points 1 year ago (2 children)

Florida.

[–] pingveno@lemmy.ml 4 points 1 year ago* (last edited 1 year ago)

Meanwhile, Florida's Republican politicians plug their ears the moment anyone mentions the numerous threats Florida faces in the here and now from climate change. How dare anyone ask me to do anything about my state being overrun by the ocean and smothered by increasing hurricanes! Shameful!

[–] teamevil@lemmy.world 2 points 1 year ago

I just made the mistake of moving here....truth on never owning a home.