My salary didn't change at all, but homes went up 82%. The money I saved for a down payment and my salary no longer are good enough for this home and many others. This ain't even a "good" home either. It was a 200k meh average ok home before. Now it's simply unaffordable

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[–] 7 points 2 years ago (2 children)

Housing price increases are actively harmful to those who want to upgrade, since it increases the incremental cost of upgrading.

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