I find that questionable on a number of levels

And if you want to keep it that way, stop telling everyone

[deleted]

Okay, now adjust it for the fact that some people have to make student loan payments. These are dumb for that reason alone.

This has already been posted and discussed multiple times. IIRC it’s over a year old.

1. It’s only looking at average data for the metro area, so all those dilapidated $30k houses in Homewood and McKees Rocks are included in the numbers. I assure you you’ll be paying $250-$300k minimum to live in a place you actually want to live (and that’s still far cheaper than most of the country)

2. If you could theoretically find a house for under $100k that you could move into without needing to do serious rehab, good luck using your $42k salary to afford things like food once you’ve paid for your mortgage, insurance, taxes, utilities, etc.

3. (Maybe) I can’t read the fine print on my phone because the image quality is terrible but I also remember from the last time it was posted these figures include something like 20% down. How you going to save up tens of thousands of dollars while living on $42k a year?

TLDR if you made $42.9k and bought the shittiest habitable house you could find you’d still only be able to pay for the house, never mind everything else you need to survive. Also the data is old.

And this is why I muted that garbage sub...it's a bunch of junk data printed in pretty colors, and people just gush over it

[deleted]

Almost everyone I know spent less than your minimum on their house.

I spent $147k 5 years ago and most friends were around there.

You can’t possibly think the market 5 years ago has any bearing whatsoever on the market today?

Have you not seen what has happened to the real estate market in the last 3 years?

I have, but it hasn't permanently doubled prices.

There's plenty available for under $250k in good locations.