Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Last I checked, $150k/year was enough to afford a decent house in a place like Penfield. It's a completely different world. I'm talking about NYC metro. Interestingly it seems like just about all of New England is more expensive than comparable areas in Western NY.


I bought a house in a suburb of Rochester on a $80k salary in 2021. Same house 2 years later would be double the monthly payment :)


Wait, is that due to interest rates or capital appreciation? There is a big difference.


Basically all places in the US with anything resembling urban density and don’t have a reputation for decline have been on this housing cost trajectory for several years now.


Probably both.


It pays to be on the coastal plains, east of the Appalachian mountains.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: