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re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Posted on 4/27/24 at 12:16 pm to Mushroom1968
Posted on 4/27/24 at 12:16 pm to Mushroom1968
quote:Look at increase in the prices of houses in demographically favorable neighborhoods since 2019. It's different.
It’s not as much different now than what it use to be.
By way of example, a family member is about to purchase a $1.2 M home in NC burbs that was appraised at $650k in 2020.
This is ludicrous.
Posted on 4/27/24 at 12:23 pm to North Dallas Tiger
quote:
By way of example, a family member is about to purchase a $1.2 M home in NC burbs that was appraised at $650k in 2020.
It’s not like that everywhere. That is insane and I of course just wouldn’t buy that house. On my eta from last post I mentioned my daughter is a physical therapist and son n law works hvac, they bought a house just 3 years ago in Houston, have a baby, and do just fine. Neither are making big money
This post was edited on 4/27/24 at 12:27 pm
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