With home prices up nearly 40% since 2020, buyers are now wealthier and older, making them more likely to outbid younger buyers with all-cash offers.
  • eran_morad@lemmy.world
    0·
    10 days ago

    shit sucks. bought my house at age 38, that was fucking old back then, but i’m in an expensive metro so okay. thing is, we’re ready to upgrade and an upgrade is going to be fucking $2M, if i can even find a fucking upgrade in my town (questionable). all of this to say: i’m probably stuck, and if i can even move, some schmuck is going to buy my mediocre house for like $1.2 - $1.3M. housing’s totally, completely fucked.