My salary didn’t change at all, but homes went up 82%. The money I saved for a down payment and my salary no longer are good enough for this home and many others. This ain’t even a “good” home either. It was a 200k meh average ok home before. Now it’s simply unaffordable

  • Jo Miran@lemmy.ml
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    2 months ago

    A house in Austin

    2018: $275,000
    2022: $725,000

    Those are actual numbers from East Austin. I believe the 2024 market rate is $625,000 but it hasn’t changed hands again so I can’t say for certain.

    • Scrubbles@poptalk.scrubbles.tech
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      2 months ago

      And conservative Texans keep laughing that californians are moving to Texas because “They hate the blue politics”, never guessing that they would bring their blue politics and money with them, driving up land value. Definitely not saying that they’re bad, but that it’s ironic that they didn’t think through the consequences

      • chiliedogg@lemmy.world
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        2 months ago

        The people fleeing California for Texas aren’t people who love California and its politics.

        They’re mostly Republicans, and they’re making Texas more red AND increasing home prices.

      • Saik0@lemmy.saik0.com
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        2 months ago

        but that it’s ironic that they didn’t think through the consequences

        And what part of that consequence is the native Texan’s fault? If anything it simply proves their point.

        • Scrubbles@poptalk.scrubbles.tech
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          2 months ago

          I didn’t say fault anywhere. I said it was ironic. It’s ironic that they laughed at Californians moving to TX, talked about how much better TX was better than CA, never realizing that the location had nothing to do with the problems, but rather capitalism and population growth. It’s ironic that the things they said Texas didn’t have are now the things Texas is directly facing.

          • Saik0@lemmy.saik0.com
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            2 months ago

            For it to be ironic, there would have to be some sense of Texans doing it to themselves. People coming in from another state is not a Texan’s fault. I don’t see the “irony” here.