[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 368 KB, 840x700, 1692736333016001.jpg [View same] [iqdb] [saucenao] [google]
55947172 No.55947172 [Reply] [Original]

>house market and interest rates are record high
>people are still getting mortgages to own homes
>the cost of rent has skyrocketed
>people are still competitively filling out applications and gladly paying $1500 on average each month for rent

Seriously where are all these people getting this money? I barely make $4k a month and still have live in the ghetto because everything is so ridiculously expensive.

>> No.55947217

>>55947172
Concentration in tier 1 cities
You can get cheap rents (under 1000) anywhere else and under 600 in the midwest
Supply and demand

Also not pictured certain demographics getting free housing from government thus cheap housing no longer exists in the free market as normies feel the need to live in aspirational homes

>> No.55947229

>>55947217
/pol/ moment