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by simianwords 315 days ago
For the city or country. Home ownership is not impossible, I know you meant it as hyperbole.

We shouldn’t mind if home ownership becomes costly if more economic activity results out of it. More economic activity means more money in the hands of wage earners (just that proportionally more money is spent on housing which is okay).

1 comments

> Home ownership is not impossible, I know you meant it as hyperbole.

I did not. 25% of US households make under $40/yr.

(based on 2022 data that 25% of all US households make ~$35k/yr or less. +10% for minorities.)