This house in Los Angeles is listed for $550,000. $550,000.
And before anyone says “location, location, location,” this is in a very bad neighborhood with a long history of gang activity.
I remember when half a million dollars bought you a beautiful house in a nice neighborhood. Now this is what $550K looks like in LA.
How the hell are young people supposed to buy their first home? The housing market is absolutely insane.
197
78
1,228
111,247
A good start is to get institutional investors tf out of the business of buying up houses. The current cap of 250 houses from your daddy is pussy shit, especially since nothing stops these companies from gobbling up more through shell companies
Sep 23, 2026 · 8:46 PM UTC
191