Hacker News new | ask | show | jobs
by anovikov 58 days ago
I'm not even sure where "houses got expensive" come from. Houses certainly did not increase in price (per unit of area) in last ~80 years, inflation adjusted - they tightly fluctuate around the same point. Housing affordability is in fact 4th best in the US among all countries in the world, and it got better in the last decades (although with fluctuations, and periods when it was getting cheaper were not pleasant as it meant millions of people going under).
2 comments

> I'm not even sure where "houses got expensive" come from

Not been shopping for a house recently?

Avg house price in my city doubled in the past 5 years.

Interesting.

This posture contradicts quite a few testimonials we can read about everywhere, including here in HN.

Maybe it's the salaries, then, that are half what they should be?

Because this is vibes vs data. People are made to believe that houses are expensive and people are being squeezed, because it makes money to throw people into rage. Housing price per square feet is flat over decades...
It's very true for LA, SF, NYC, DC, and other similar cities. It's far less true everywhere else. Here in Atlanta you can find homes <250k and condos <150k