The title here on hackernews is wrong. Given their definition of unaffordable these homes are "unaffordable" for the "average" American in 99% of 575 counties.
But! there are over 3000 counties in the US. This is not even close to the meaning of "unaffordable in 99% of the nation..."
People might not like hearing it, but homes are in fact affordable if you don't choose to live in an overpopulated metro. And even then homes are affordable if you're not buying one that's being flipped with a few panels of drywall that you could've installed yourself.
And before you say, but you need to make good money still so the average American still can't do this! There are good starter homes on my street that sell for 5-10,000 dollars. That is within reach of a vast majority of americans.
But! there are over 3000 counties in the US. This is not even close to the meaning of "unaffordable in 99% of the nation..."
People might not like hearing it, but homes are in fact affordable if you don't choose to live in an overpopulated metro. And even then homes are affordable if you're not buying one that's being flipped with a few panels of drywall that you could've installed yourself.
And before you say, but you need to make good money still so the average American still can't do this! There are good starter homes on my street that sell for 5-10,000 dollars. That is within reach of a vast majority of americans.