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by JohnTHaller 804 days ago
From 2000 to 2022 in the US adjusted for inflation:

The US median income has gone up about 10.5%

The average cost per sq foot of new single family home has gone up about 40%

The average sale price of a home has gone up about 60%

The median sale price of a house has gone up about 70%

https://www.statista.com/statistics/682549/average-price-per...

https://fred.stlouisfed.org/series/ASPUS

https://fred.stlouisfed.org/series/MSPUS

https://fred.stlouisfed.org/series/MEHOINUSA672N
2 comments
dmarchand90 804 days ago
The crazy thing is the US is probably one of the most affordable places in the developed world even now!
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Fire-Dragon-DoL 804 days ago
What about condos?

I know US don't appreciate that, but in high density areas, house is not really an option

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JohnTHaller 804 days ago
The average price of a condo in the US was $357,600 as of July 2023. It varies by location with cities being more expensive. $1.1 million average in NYC. $350,000 in Chicago.
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Fire-Dragon-DoL 803 days ago
Yeah... Damn Vancouver, same price as NYC but salaries 1/4 or less
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