• catsarebadpeople@sh.itjust.works
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      8 months ago

      Well in China you could buy an apartment that should be built in a year but will never actually be built. That’s how you know China is better than America.

    • CableMonster@lemmy.ml
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      8 months ago

      Thats a seperate issue, that is central banks and over regulation of the housing market. This has devalued your wages and made housing too expensive. And the sad part is BOTH of the parties support these things (if you are an american).

    • LinkOpensChest.wav@lemmy.blahaj.zone
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      8 months ago

      My husband and I bought ours in 2019, and I feel like we did so in the nick of time, and that’s with being on two programs and taking an additional loan for the down payment, and that’s because paying the mortgage was lower than renting an apartment at the time.

      People can’t afford housing anymore. I feel guilty even owning a house because it’s gotten so bad (even though the bank technically owns this shit).