Yes, that's what we did, but that's out of reach for most first-time local buyers, who typically barely have enough for the down payment on the mortgage. An inf

Yes, that's what we did, but that's out of reach for most first-time local buyers, who typically barely have enough for the down payment on the mortgage. An influx of out-of-state buyers who have lots of equity in their to use will therefore price out the locals.