Here’s why you can’t afford to buy a home #money #home #house #realestate #rent #finance

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118% increase in less than a century. That's insane.

steviesosa
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Investors put cash offers over the asking price as soon as houses come on the market here in AZ. Families don’t have a chance.

sedonarose
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They have increased by 118%? That would mean that a house that cost $100, 000 in 1965, would increase by $118, 000. So it would cost $218, 000 today.

My parents bought their home in 1995 for $50, 000. Today it’s worth 500, 250. It’s value increased by 1, 050%. Value of homes has gone up way more than 118%.

jsilva
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In 1965 minimum wage was $0.90 in Ontario and is now $15.50 that's 1722% increase. No? My grandmother bought her house for $20, 000 and now in her area they're going for which is also 7500% of the original cost. However this is in the GTA and not a fair comparison for homes bc you can definitely buy a home for way less in other places of the province

daniellelehn
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Is that Asian a guy or a woman being dubbed with a guy’s voice? 🤣

travelingdude