The main driver of the “I’ll never be able to buy a house” narrative are mortgage interest rates, which are transient. When rates go back down, people will suddenly be able to afford many more options. But yeah, every now and then I look at how much house I could buy in Michigan…
Yup. And people keep posting from the hottest markets in the US. “I can’t believe the prices in Palo Alto!” Live in a rural area and have a shitty commute like the rest of us.
Please keep spreading this narrative. Gotta keep housing prices down. Got an awesome price on my new house several years ago.
The main driver of the “I’ll never be able to buy a house” narrative are mortgage interest rates, which are transient. When rates go back down, people will suddenly be able to afford many more options. But yeah, every now and then I look at how much house I could buy in Michigan…
Yup. And people keep posting from the hottest markets in the US. “I can’t believe the prices in Palo Alto!” Live in a rural area and have a shitty commute like the rest of us.