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.
Then I'll just assume they're bullshitting. Even San Francisco has a couple houses I found listed for 500k. And no, its not an apartment, it was a detached home.
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.
"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.
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.
Zillow wrote a garbage article without the data they claim to have used, which was then copied without any added value, to be linked here. I want to know, starting with their definition of a city and their definition of a starter home