[Sax]

Being in your own house was always part of the American dream, not a "given," or a "norm." Many folks worked for years to own their own house in a fiscally responsible manner.

[Biggirl]

Thankfully, my home paid off in full.

[Gay State Conservative]

The figures mentioned here are absolute bargains compared to rates you'll pay in Manhattan (below 110th St,at least).

[CowboyJay]

Housing oversupply = strawman. Problem for the last 10 yrs has been slack wage growth. Any number of explanations/causes for it, but that was the root issue with the massive credit expansion and collapse of the housing market.

Prices still being held too high relative to wages. Properties need to revalue, or real wages need to grow before the market will recover.

[Moonmad27]

I’ve always been grateful that I bought my Ventura house before prices went up, and after reading this article I’m even more thankful that I don’t have to take in lodgers to afford to live here!