My salary didn’t change at all, but homes went up 82%. The money I saved for a down payment and my salary no longer are good enough for this home and many others. This ain’t even a “good” home either. It was a 200k meh average ok home before. Now it’s simply unaffordable
Kind of yes. However if you want home ownership at a reasonable cost that’s the way to go. It doesn’t need to be in the middle of no where but it doesn’t need to be in the upper tier locations.