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by bluefirebrand 44 days ago
> But there's a lot more where it hasn't and housing is affordable

In many of those places salaries have been stagnant or work has dried up

So we have a weird situation where someone living in a big city with a large salary is priced out of real estate by high prices, and someone living in a smaller city with more reasonable real estate prices is priced out by a lower income

It's not universal of course, but it's a squeeze that a lot of people are feeling

1 comments

Most of the sunbelt isn't like that. You can buy a 4 bedroom house in Atlanta for 270k and a 2/1 for like 160 and salaries are fine.