Liberal Forum

It sure has become more difficult for families to get a home these days!

The income needed to purchase a home varies greatly based on location and other factors, but as of February 2024, the minimum income required to buy a home in the United States was around $106,000 to $116,000. This is up from 2020, when a household earning $59,000 could afford a typical U.S. home with a 10% down payment. In February 2024, the median-priced home was $402,343, and Americans needed an annual income of $110,871 to afford it. In San Jose, CA, where the median home price is $1,467,000, homebuyers need a salary of $361,000

Fuelman » 25 Aug 2024, 9:39 am » wrote: ↑

25 Aug 2024, 9:39 am

It sure has become more difficult for families to get a home these days!

The income needed to purchase a home varies greatly based on location and other factors, but as of February 2024, the minimum income required to buy a home in the United States was around $106,000 to $116,000. This is up from 2020, when a household earning $59,000 could afford a typical U.S. home with a 10% down payment. In February 2024, the median-priced home was $402,343, and Americans needed an annual income of $110,871 to afford it. In San Jose, CA, where the median home price is $1,467,000, homebuyers need a salary of $361,000

Don't worry, Kamalahaha will fix all that.  Although we are told by the Low T crowd all is well with the economy.

*Huey » 25 Aug 2024, 9:53 am » wrote: ↑

25 Aug 2024, 9:53 am

Don't worry, Kamalahaha will fix all that.  Although we are told by the Low T crowd all is well with the economy.

Well said...

Everything is so great but she wants to give $25K to help people buy a home?

That's like the captain saying everything is fine but put on your life jackets at once
 
 

Fuelman » 25 Aug 2024, 9:39 am » wrote: ↑

25 Aug 2024, 9:39 am

It sure has become more difficult for families to get a home these days!

The income needed to purchase a home varies greatly based on location and other factors, but as of February 2024, the minimum income required to buy a home in the United States was around $106,000 to $116,000. This is up from 2020, when a household earning $59,000 could afford a typical U.S. home with a 10% down payment. In February 2024, the median-priced home was $402,343, and Americans needed an annual income of $110,871 to afford it. In San Jose, CA, where the median home price is $1,467,000, homebuyers need a salary of $361,000

This deliberately engineered social trend dove tails nicely with the [[[JWO]]] population control agenda.

All of their social trends do.

 

*Huey » 25 Aug 2024, 9:53 am » wrote: ↑

25 Aug 2024, 9:53 am

Don't worry, Kamalahaha will fix all that.  Although we are told by the Low T crowd all is well with the economy.

Seems to be working well for the non-citizen.

First-time homebuyers in Oregon are being encouraged to apply for a taxpayer-funded $30,000 grant for down payment assistance – but only non-U.S. citizens need apply.18
 

Fuelman » 25 Aug 2024, 9:39 am » wrote: ↑

25 Aug 2024, 9:39 am

It sure has become more difficult for families to get a home these days!

The income needed to purchase a home varies greatly based on location and other factors, but as of February 2024, the minimum income required to buy a home in the United States was around $106,000 to $116,000. This is up from 2020, when a household earning $59,000 could afford a typical U.S. home with a 10% down payment. In February 2024, the median-priced home was $402,343, and Americans needed an annual income of $110,871 to afford it. In San Jose, CA, where the median home price is $1,467,000, homebuyers need a salary of $361,000

Just wait for kamalahaha to give all $25,000 for their house purchase that will fix it 

BuckNaked » 25 Aug 2024, 10:34 am » wrote: ↑

25 Aug 2024, 10:34 am

Just wait for kamalahaha to give all $25,000 for their house purchase that will fix it

It might help with the down payment but the monthly payment will still be steep.
 

Fuelman » 25 Aug 2024, 12:09 pm » wrote: ↑

25 Aug 2024, 12:09 pm

It might help with the down payment but the monthly payment will still be steep.

She will forgive that too 
 

Fuelman » 25 Aug 2024, 9:39 am » wrote: ↑

25 Aug 2024, 9:39 am

It sure has become more difficult for families to get a home these days!

The income needed to purchase a home varies greatly based on location and other factors, but as of February 2024, the minimum income required to buy a home in the United States was around $106,000 to $116,000. This is up from 2020, when a household earning $59,000 could afford a typical U.S. home with a 10% down payment. In February 2024, the median-priced home was $402,343, and Americans needed an annual income of $110,871 to afford it. In San Jose, CA, where the median home price is $1,467,000, homebuyers need a salary of $361,000

any half wit knows why the median price of home in san jose are $1,467,000.00. what caused it. and the solutions. i moved to los gatos in 1951. saw the KNOW. exited in 2001. and the governments across usa are now copying the santa clara county plan of making homes unaffordable for labor.

Rent.
Nearly 40% of people rent vs own. Its a fact - will never change.
Rent since 2014 has escalated 30%.

Have wages/salaries been able to compete with this?...HAHA - not even close.
Cmon retards....lets blame the people...and never the GOVT or the CORPS that own them.

walkingstick » 25 Aug 2024, 7:36 pm » wrote: ↑

25 Aug 2024, 7:36 pm

any half wit knows why the median price of home in san jose are $1,467,000.00. what caused it. and the solutions. i moved to los gatos in 1951. saw the KNOW. exited in 2001. and the governments across usa are now copying the santa clara county plan of making homes unaffordable for labor.

Sir!!!

Capitalism require that BANKS own those houses

....as rental properties  
 

Sumela » 25 Aug 2024, 8:20 pm » wrote: ↑

25 Aug 2024, 8:20 pm

Sir!!!

Capitalism require that BANKS own those houses

....as rental properties

true. and there is also the greedy government factor. and other greedsters. look and you will discover, many cities impose home building moratoriums. reason: by stopping building homes, you drive up the existing prices of homes. creating more property tax revenue, without the cost of more services. and the tax money rolls in. and the government workers get huge wage increases with massive benefits. and low income labor moves into tents.  big home builders bribe government to create gobs of new building regulations. that only a big builder attorney can comply. and then there are those who block better and less expensive ways to provide family homes. and again politicians pocket money to keep new technology out.  this is what uncontrolled capitalism does. make the rich richer. and make labor poorer.

walkingstick » 25 Aug 2024, 11:54 pm » wrote: ↑

25 Aug 2024, 11:54 pm

true. and there is also the greedy government factor. and other greedsters. look and you will discover, many cities impose home building moratoriums. reason: by stopping building homes, you drive up the existing prices of homes. creating more property tax revenue, without the cost of more services. and the tax money rolls in. and the government workers get huge wage increases with massive benefits. and low income labor moves into tents.  big home builders bribe government to create gobs of new building regulations. that only a big builder attorney can comply. and then there are those who block better and less expensive ways to provide family homes. and again politicians pocket money to keep new technology out.  this is what uncontrolled capitalism does. make the rich richer. and make labor poorer.

it is developing, FAST. no longer will labor be able to own a home. home monopolies will own all labor's homes. it will also become illegal to have a garden. environmentalist will see to that. all food will be provided by monopolies. all ready the media decides who will win elections. all done thru media public propaganda. "the people demand all of this". those who do not parrot the media are labeled, idiots. amazing. those who do not know, are the wise. what a future for humanity.

Fuelman » 25 Aug 2024, 9:39 am » wrote: ↑

25 Aug 2024, 9:39 am

It sure has become more difficult for families to get a home these days!

The income needed to purchase a home varies greatly based on location and other factors, but as of February 2024, the minimum income required to buy a home in the United States was around $106,000 to $116,000. This is up from 2020, when a household earning $59,000 could afford a typical U.S. home with a 10% down payment. In February 2024, the median-priced home was $402,343, and Americans needed an annual income of $110,871 to afford it. In San Jose, CA, where the median home price is $1,467,000, homebuyers need a salary of $361,000

A house is a liability. In the past, when wages were high, it was no issue since only a few years worth of labor would pay it back. 

Nowadays, you would basically be a debt slave for years. 

 

once i ended up with a rental. had some fun with it. got big cleaning deposits. once the renter moved in and got settled. i would give it a 30 day notice. so much fun. they would get so confused. no money to move. so what.

do what the usa government does. make life a living hell for others.
 

Sumela » 25 Aug 2024, 8:19 pm » wrote: ↑

25 Aug 2024, 8:19 pm

Rent.
Nearly 40% of people rent vs own. Its a fact - will never change.
Rent since 2014 has escalated 30%.

Have wages/salaries been able to compete with this?...HAHA - not even close.
Cmon retards....lets blame the people...and never the GOVT or the CORPS that own them.

Better stick to what you know.....Jew Bashing and Communist Propoganda are what you're best qualified for.  

LowIQTrash » 26 Aug 2024, 3:12 am » wrote: ↑

26 Aug 2024, 3:12 am

A house is a liability. In the past, when wages were high, it was no issue since only a few years worth of labor would pay it back. 

Nowadays, you would basically be a debt slave for years.

In the financial world, the house goes into the Asset Column.
True, it comes with a liability.

Fuelman » 26 Aug 2024, 9:49 am » wrote: ↑

26 Aug 2024, 9:49 am

In the financial world, the house goes into the Asset Column.
True, it comes with a liability.

As much as I hate citing Kiyosaki since I consider him a conman, “It’s a liability disguised as an asset.” 

Unless you hold it for investment income…if you’re looking purely to capitalize on capital gains (not a good idea at this point in time) may I suggest just HODLing Bitcoin? 

Fuelman » 26 Aug 2024, 9:49 am » wrote: ↑

26 Aug 2024, 9:49 am

In the financial world, the house goes into the Asset Column.
True, it comes with a liability.

Let me add another caveat to my prev statement: Getting away from inner city trash is the REAL asset.

Whether it’s worth the $500,000 or $1M or whatever is up for debate. You can probably guess my stance on this issue.