There are parts of the country where you can still buy a decent home for $100k. Heck, in the Los Angeles region it’s hard to live on $100k.
There is no debate, in CA they have completely out priced most the population that were actually from CA. And it’s one of the big factors so many leave the state is because of the obscene housing prices. And it’s wealthy foreigners who are replacing them. In fact, CA has basally stated they don’t want middle class types, Trump supporters or those who want to put America first in the state.
All the poor slobs that bought way inland away from the coastal plain just to afford a basic home? They’re now forced to commute through epic traffic, 2 hour commutes etc. They’re hating life in a big way.
Not according to some experts here. ☺
Accordiing to some FR experts think these young working adults are able to save $50,000 cash and buy $500,000 homes in S. CA on 50k or less after taxes.
It's a relief to see there are still a few people on here who know what's going on.☺