4 ms·
In the U.S. I would say yes in many parts of the country. I've lived in SF, DC, San Diego, N. Nevada, and all of them are plagued by extremely high home prices
by atlasunshrugged 3y ago
In the U.S. I would say yes in many parts of the country. I've lived in SF, DC, San Diego, N. Nevada, and all of them are plagued by extremely high home prices making purchasing a home pretty unattainable for the average person (Nevada only in recent years). This was already an issue before interest rates went through the roof, now I imagine that if you need a mortgage buying a house is dramatically more expensive.