2 ms·
Last I checked, $150k/year was enough to afford a decent house in a place like Penfield. It's a completely different world. I'm talking about NYC metro. Interes
by nerdponx 3y ago
Last I checked, $150k/year was enough to afford a decent house in a place like Penfield. It's a completely different world. I'm talking about NYC metro. Interestingly it seems like just about all of New England is more expensive than comparable areas in Western NY.
- numbsafari 3y agoIt pays to be on the coastal plains, east of the Appalachian mountains.
- nsporillo 3y agoI bought a house in a suburb of Rochester on a $80k salary in 2021. Same house 2 years later would be double the monthly payment :)
- throwaway2037 3y agoWait, is that due to interest rates or capital appreciation? There is a big difference.
- eyelidlessness 3y agoBasically all places in the US with anything resembling urban density and don’t have a reputation for decline have been on this housing cost trajectory for several years now.
- rnk 3y agoProbably both.