1110101010101@reddthat.com to Cool Guides@lemmy.caEnglish · 1 year agoSalary Needed To Buy a Home In The USreddthat.comimagemessage-square10fedilinkarrow-up111arrow-down11cross-posted to: personalfinance@lemmy.ml
arrow-up110arrow-down1imageSalary Needed To Buy a Home In The USreddthat.com1110101010101@reddthat.com to Cool Guides@lemmy.caEnglish · 1 year agomessage-square10fedilinkcross-posted to: personalfinance@lemmy.ml
minus-squareTonyTonyChopper@mander.xyzlinkfedilinkEnglisharrow-up0·1 year ago20% down payment is ridiculous these days. For the median home of 370k that’s 74k you need to have lying around.
minus-squareILikeBoobies@lemmy.calinkfedilinkEnglisharrow-up0·edit-21 year agoDouble that for Canada $2,172,613 ($1,586,224.75 USD) if you want a detached in the Vancouver area Condos bring the average down as they only cost $816,356 ($596,021.52 USD) which is pretty affordable as far as housing is concerned around the city
minus-squareVictor Villas@lemmy.calinkfedilinkEnglisharrow-up1·1 year agoDetached homes shouldn’t even exist in Vancouver metrocore anymore so, it makes sense to be a fortune
20% down payment is ridiculous these days. For the median home of 370k that’s 74k you need to have lying around.
Double that for Canada
$2,172,613 ($1,586,224.75 USD) if you want a detached in the Vancouver area
Condos bring the average down as they only cost $816,356 ($596,021.52 USD) which is pretty affordable as far as housing is concerned around the city
Detached homes shouldn’t even exist in Vancouver metrocore anymore so, it makes sense to be a fortune