1110101010101@reddthat.com to Cool Guides@lemmy.caEnglish · 1 year agoSalary Needed To Buy a Home In The USreddthat.comimagemessage-square28fedilinkarrow-up1167arrow-down13
arrow-up1164arrow-down1imageSalary Needed To Buy a Home In The USreddthat.com1110101010101@reddthat.com to Cool Guides@lemmy.caEnglish · 1 year agomessage-square28fedilink
minus-squareTonyTonyChopper@mander.xyzlinkfedilinkEnglisharrow-up13·1 year ago20% down payment is ridiculous these days. For the median home of 370k that’s 74k you need to have lying around.
minus-squareILikeBoobies@lemmy.calinkfedilinkEnglisharrow-up5·edit-21 year agoDouble that for Canada $2,172,613 ($1,586,224.75 USD) if you want a detached in the Vancouver area Condos bring the average down as they only cost $816,356 ($596,021.52 USD) which is pretty affordable as far as housing is concerned around the city
minus-squareMajorMajormajormajor@lemmy.calinkfedilinkEnglisharrow-up8·1 year agoGood thing wages have kept up with house prices right? Right?!
minus-squareVictor Villas@lemmy.calinkfedilinkEnglisharrow-up6·1 year agoDetached homes shouldn’t even exist in Vancouver metrocore anymore so, it makes sense to be a fortune
minus-squareILikeBoobies@lemmy.calinkfedilinkEnglisharrow-up2·edit-21 year agoIt was the Vancouver area so it includes the surrounding areas but you are correct
minus-squareVictor Villas@lemmy.calinkfedilinkEnglisharrow-up2·1 year agoYeah, I know. It goes from “impossible luxury” to “barely affordable” as you go from downtown towards the edges of the metro region. Just saying that it’s not surprising for Vancouver that those prices are so jacked up.
20% down payment is ridiculous these days. For the median home of 370k that’s 74k you need to have lying around.
Double that for Canada
$2,172,613 ($1,586,224.75 USD) if you want a detached in the Vancouver area
Condos bring the average down as they only cost $816,356 ($596,021.52 USD) which is pretty affordable as far as housing is concerned around the city
Good thing wages have kept up with house prices right?
Right?!
Detached homes shouldn’t even exist in Vancouver metrocore anymore so, it makes sense to be a fortune
It was the Vancouver area so it includes the surrounding areas but you are correct
Yeah, I know. It goes from “impossible luxury” to “barely affordable” as you go from downtown towards the edges of the metro region. Just saying that it’s not surprising for Vancouver that those prices are so jacked up.