the-forest-library reblogged
“Tolkien wasn’t good at writing women” well explain this
the-forest-library reblogged
posting my old pixel art day 2
made in 2021
the-forest-library reblogged
vote yes if you have finished the entire book.
vote no if you have not finished the entire book.
(faq · submit a book)
the-forest-library reblogged
Squirrel study 🐿️
the-forest-library reblogged
bumblebutts
the-forest-library reblogged
Why are people acting like another Trump administration couldn't possibly have any lasting consequences, when we're still dealing with the aftermath of the Reagan administration now.
the-forest-library reblogged
The absolute upper limit of what can be considered affordable for a home is 4x your income. Ideally it should be 3x, but 4x is the limit for reasonably stretching your budget.
Using Sacramento as an example, median home price is about $510k, and median household income is about $85,000
That number for Sacramento is 6x, and that's for a middling city with middling employment prospects. So the entire city for almost everyone living there is by definition unaffordable. And that's not as bad as it gets
Let's look at Toronto. Median income is around $91,000, median home price is just over $1,100,000. That's a ratio of 12:1. You would need to be making a quarter of a million dollars just to be able to qualify for a mortgage.
For a home to be affordable, one of two things need to happen: 1) incomes need to rise astronomically overnight or 2) home prices need to crash astronomically overnight
In Sacramento, that means the median income needs to double (to $170k per year), or home prices need to crash by 50%
In Toronto, that means incomes need to quadruple (to $370k per year) or home prices need to crash about 75%
This is how bad the housing crisis is. I don't think people truly understand the gravity of how bad it is. Home prices should not be this high. Incomes should not be this low. Look back 100 years and you won't find a time when affordability was this bad for everyone everywhere. Things must change
the-forest-library reblogged
I’m bored and nosy. Please reblog this with the book you’re currently reading.
the-forest-library reblogged
dessert house, not evil.