T
ThatStateOfMind
Enlightened
- Nov 13, 2021
- 1,477
Silly little me was hanging around in a womb when houses in the US averaged $100,000 or so. In 2024, the median home price was over $400,000. Even back in early-mid 2010s, my uncle got a decent home for $70,000. It needed a little work, and we live in a LCOL area, but my point stands considering his home, according to Zillow, is now worth $160,000. That's doubled. Someone else I know bought a house a few years after my uncle, which has also doubled in value.
At this rate, I constantly wonder if it will ever recover, or will a home be a pipe dream to younger people in America. Anyone have any opinions?
At this rate, I constantly wonder if it will ever recover, or will a home be a pipe dream to younger people in America. Anyone have any opinions?