4 ms·
> Even if you sell your house for a million dollar where will You move to? Literally anywhere in the "bottom" 99% of the country by real estate costs?
by clipsy 1y ago
> Even if you sell your house for a million dollar where will You move to?
Literally anywhere in the "bottom" 99% of the country by real estate costs?
- eigen 1y agomedian home price was 410k in 2025Q2 [1] so it may take most/all the net gains to purchase a median house. 1. https://fred.stlouisfed.org/series/MSPUS https://fred.stlouisfed.org/series/MSPUS
- gottorf 1y agoVery closely tracks the money supply[0]. [0]: https://fred.stlouisfed.org/series/M2SL https://fred.stlouisfed.org/series/M2SL
- clipsy 1y agoComplaining because you can "only" afford to buy a median house without needing a mortgage has to be one of the more shockingly out of touch things I've heard on this very out of touch site.
- deleted 1y ago[deleted]
- zihotki 1y agoGeneral median home price is a metric but of a limited value. There are a lot of homes in remote areas and they don't cost much. The only downside is that they cost so little because they are in remote areas without jobs. One can buy such house only to retire.
- zihotki 1y agoAnd what would you do there? Are there enough jobs in those areas?
- DANmode 1y agoHackers often work or consult remotely to where they live.