About 46% of renters in the U.S. are currently struggling to make ends meet, according to Harvard University researchers
— unusual_whales (@unusual_whales) August 9, 2023
The cost of both buying and renting a house in America has skyrocketed since 2020.
Buying a house now costs $2,700/month on average, up an alarming ~86% in 3 years.
Renting a house now costs $1,850/month on average, also up ~25% in 3 years.
Owning a home has become a luxury. pic.twitter.com/8vjtAKdXUa
— The Kobeissi Letter (@KobeissiLetter) August 10, 2023
Just a reminder, a median income family can afford roughly a $280,000 home.
The median PRICED home currently is around $400,000.
Only roughly 25% of households can afford a median priced home.
80% of that 25% already own a house.
So median priced home sellers are trying… pic.twitter.com/dYgSSRFbye
— Darth Powell 🦈🇺🇲🇺🇦🇵🇱🇫🇮 (@GRomePow) August 9, 2023
You know Realtors … it's always a good time to buy a house. 🤣 pic.twitter.com/6yk8P27d6x
— Wall Street Silver (@WallStreetSilv) August 10, 2023
We spent over $800 today on fixing up a rental property & I did not think twice about the expense.
I will also struggle to pay $30 for a shirt and worry it's a waste of money.
Can anyone else relate to this?
— theficouple (@theficouple) August 9, 2023
How many fucking losers were papered over with Federal Reserve manipulation and welfare.
Let's find out pic.twitter.com/laIQiU64Q1
— Darth Powell 🦈🇺🇲🇺🇦🇵🇱🇫🇮 (@GRomePow) August 10, 2023
Luckily houses only go up pic.twitter.com/v9ozS4jCf2
— Win Smart, CFA (@WinfieldSmart) August 10, 2023
36% of Americans have more debt than emergency savings, per CNBC.
— unusual_whales (@unusual_whales) August 10, 2023
How about whatever we did for the last 40 years, we do the exact fucking opposite pic.twitter.com/Ut5EPnHzwP
— Darth Powell 🦈🇺🇲🇺🇦🇵🇱🇫🇮 (@GRomePow) August 10, 2023