re: These real estate markets may be on the cusp of a San Francisco-style affordability crisis

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So as a youngish person only ~5 years into my career with only about $20k on hand you're saying I'm unilaterally screwed.

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Pretty much, yeah.. i mean you’re competing with hedge funds and huge conglomerates like Blackrock, Fundrise et al who come in and purchase entire neighborhoods and convert to rentals .. so ur $20k and middle class paystub wont go very far.. you’ll either pay much more for much less house, further out from any decent area.. or you’ll rent until the market ‘crashes’, whenever that might be .