re: Baffled as to how single people afford houses currently

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These people have very little to do with housing issues. They aren't in the same market as young professionals in America.

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But they do. They end up renting or in Section 8 low end housing pushing all those in the smaller homes out to other better more expensive areas. In this case the shite does flow uphill. It's a trickle up effect causing housing prices to rise from the low end houses to the upper end houses due to low supply and more demand.