return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 4 months ago$1 million starter home? It's the norm in 237 cities, according to Zillowabc7.comexternal-linkmessage-square39fedilinkarrow-up1195arrow-down15cross-posted to: news@lemmy.world
arrow-up1190arrow-down1external-link$1 million starter home? It's the norm in 237 cities, according to Zillowabc7.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 4 months agomessage-square39fedilinkcross-posted to: news@lemmy.world
minus-squareBigPotato@lemmy.worldlinkfedilinkarrow-up14arrow-down1·4 months agoA starter home isn’t just “the cheapest thing in a given market.” Some neighborhoods aren’t starter home markets. You can’t say “It’s a starter in Malibu” or “That’s starter home prices in downtown Manhattan.” Neither of those locations have starter homes in them. That said, abolish NIMBYs but let’s be real, no one can afford a “Starter” in those places because they aren’t Starter locales.
A starter home isn’t just “the cheapest thing in a given market.” Some neighborhoods aren’t starter home markets.
You can’t say “It’s a starter in Malibu” or “That’s starter home prices in downtown Manhattan.” Neither of those locations have starter homes in them.
That said, abolish NIMBYs but let’s be real, no one can afford a “Starter” in those places because they aren’t Starter locales.