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Joined 1 year ago
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Cake day: June 30th, 2023

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  • There is affordable housing now, just not where you are. Lots of places that are high end now were at one time undesirable low rent places. Brooklyn and the West Side of Hollywood are both communities that originally drew people because of low quality, low cost of living accommodations.

    Look to the rust belt cities that didn’t fully collapse to lead the charge. Detroit is stabilizing while still having low rent areas. Maybe Some places in Ohio and Buffalo NY as well.

    You can buy a full on house in Rochester NY for under 40k but you may not want to live there.

    Barring a calamity, nice places with high rents sort of stay that way. I can’t imagine high cost of loving areas like Boston, Denver , Hawaii or Miami going down for anything other than an asteroid. Prices are high in places that people want to live.