• Bluefalcon@discuss.tchncs.de
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    13 hours ago

    Zillow is a part of the problem. With all the data collected and only a few companies, prices are conveniently increasing at extreme rates. It is not just cities; land and rural areas are increasing at high rates.

      • NatakuNox@lemmy.world
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        9 hours ago

        This! We have the means to provide housing for everyone but don’t because, fuck you thats why.

      • TON618@lemmy.world
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        6 hours ago

        I don’t necessarily agree that people can’t make any money on a property portfolio, but it should definitely have a set limit to prevent life’s essentials from becoming unaffordable. And I wouldn’t stop there and continue this with other essentials like healthy consumables and utilities like power/gas/water and entry level broadband internet access.

        • Refurbished Refurbisher@lemmy.sdf.org
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          52 minutes ago

          Why not guarantee the basic necessities to all citizens? They pay taxes, after all; it’s just that those tax dollars mostly go to bombing people overseas, funding multiple genocides, overmilitarization of police, corporate subsidies and bailouts, etc.

          We can very easilly redirect at least some of those tax dollars to pay for everyones’ basic needs, including, but not limited to: housing, healthcare, food, water, waste, sewage, high speed internet, public transit (like a bus/train pass).

          And if we still don’t have enough tax dollars for that, we can very easilly make more than enough by taxing billionaires and corporations at their appropriate rate, getting rid of all loopholes by ensuring there is a tax floor that all corporations have to pay.

          Now, the system I am actually in favor of expands upon this idea of social democracy that I described above by forcing all corporations to become worker-owned coops after splitting them up into small businesses (by city, county, or rural region depending on what the locals prefer). This would also have the effect of abolishing the stock market, as the workers would have exclusive ownership of their company that they work for. This would functionally transform the workplace into a democracy. Imagine being able to hire/fire your boss with a vote, or having a say in what your company will be producing. This already exists, and they’re called worker-owned coops.

          I would also like a hard wealth cap of $50 million tied to inflation. Nobody needs more than $50 million to have more than a happy retirement, regardless of age.

          I believe that money = power, and power leads to inevitable corruption. Therefore, the only logical way to prevent corruption is to prevent people from ever being able to have that kind of power.

          Check out Professor Richard Wolff if you want to learn more about this stuff. He’s a doctor and professor of economics with a focus on macroeconomics.

    • hark@lemmy.world
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      9 hours ago

      Speaking of which, zillow’s stupid “zestimate” is worthless. Any assclown can put their house up for way too high a price and the zestimate will automatically jump up to match.

      Apparently the value is whatever the seller says it is, even if the home has been on the market for over a year (either continuously or repeatedly taken off and put on, I guess to reset the time on market).

  • Rooskie91@discuss.online
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    13 hours ago

    This…is hard to believe. I’ve been looking around non-major US cities, and even some major cities, and the starter homes are around 200-500k.

    That’s still fucked for a starter home but a million??? That’s the average home price in Honolulu and NYC lol.

    • Ledericas@lemm.ee
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      10 hours ago

      i was going to say its avg in the west coast blue area. 200-500k is “cheap”

    • pixxelkick@lemmy.world
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      13 hours ago

      It literally sounds super fake.

      I can’t find a single major city without 200k to 350k homes lol

      It takes like 30 seconds to check what starter homes cost in any city, yet people will believe this shit instead of just go look.

      Edit: this is the “source” https://www.zillow.com/research/million-dollar-start-home-2025-35100/

      Just 1 chart with literally zero further info, no published actual data of where these numbers came from, how they calculated them, how they gathered the data.

      Why do people fall for empty garbage articles like this so easy. I wish we collectively called this out more.

      If a person posts an article citing another article, instead of just the original article, they should get fuckin blasted for it and downvoted to hell.

      Post. Original. Sources.

      • Aphelion@lemm.ee
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        12 hours ago

        Try looking in San Francisco, or any city in the entire Bay Area. You won’t find a 500sq ft shack for less than $800k.

        • pixxelkick@lemmy.world
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          9 hours ago

          3 seconds of looking and I found five houses under 500k. Two of them genuinely look pretty decent too tbh, not even rough looking homes.

      • SpaceNoodle@lemmy.world
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        12 hours ago

        As someone who has lived in and priced out homes in major US cities, I find this article to be accurate.

      • Imgonnatrythis@sh.itjust.works
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        10 hours ago

        Doesn’t sound super fake if you are looking for a place with what I think are pretty reasonable basic characteristics of comfort and security.

        House that can accommodate a small family not in a higher than average crime area, does not require fix up maintenance that those of us working long hours will never have time to do or can’t afford to have done, has been well cared for and doesn’t feel gross. I’m not talking luxury homes here, I’m just talking about something that you would at least look forward to coming home to.

        When I see all these people buying these homes, I’m just shocked at how they have either accrued so much wealth or are so comfortable with so much debt.

        It’s pretty tough out there right now.

        • desktop_user@lemmy.blahaj.zone
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          6 hours ago

          approximately half of homes have to be in higher than average crime areas, if there’s nothing wrong with the home it can just be purchased and rented out by a megacorp immediately, wealth accumulates over time so that selling a house will provide about enough to buy house and have lower average monthly cost than renting.

        • pixxelkick@lemmy.world
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          9 hours ago

          “When I eliminate all the homes that normal people would classify as a starter home, I can’t find any starter homes!”

          “Wait to buy a starter homes you are telling me I can’t live in a rich gentrified white neighborhood, I might have a black guy for a neighbour? That just won’t do!”

          “Sorry anything not within 5 blocks of a Starbucks can’t possibly count as a starter home”

          This is what people sound like when they talk about “safety” and “crime rates” and “starter homes” in the same sentence.

  • taiyang@lemmy.world
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    11 hours ago

    Well… define starter home. I got a starter for about half that in LA but I have a shared wall townhome. Not great, but if we’re talking no shared walls and a yard, ya I can see that costing more… Except I also saw those for about this price, only with like… 600sq ft? Pick you battles, but those aren’t a million even in the city.

    Now, maybe the 200 cities are specific neighborhoods, like how Santa Monica isn’t technically Los Angeles since it’s got it’s own city government. Same with Beverly Hills, Bel Air, etc. You sure as hell ain’t getting a place for 1 mil there, even if it’s a small “starter home.”

    • TheLowestStone@lemmy.world
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      9 hours ago

      All of your question are answered right at the beginning of the article:

      “Zillow defines “cities” as distinct housing markets, which can include large suburbs, towns or boroughs within major metro areas. “Starter homes” are defined as properties in the bottom third of home values within a given market. That means these aren’t luxury listings — they’re the least expensive homes available in each city.”

      • taiyang@lemmy.world
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        8 hours ago

        Gotcha. So yes, it’s misleading headline, mostly for the first part since you can probably pull up 200 “cities” where you’d be nuts to find your first home. You aren’t getting your first home in Malibu, that’s just silly.

  • Boomer Humor Doomergod@lemmy.world
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    13 hours ago

    Just don’t live in a city geez

    Edit: Yes, my quest for downvotes is successful.

    I aim to be karma neutral on the fediverse and had a pretty good day I need to counteract.