Pete Dimsman wrote:
Michael McKelvy wrote:
No we don't. The price of homes has been rising even for the same
size homes.
That's appreciation. My home cost 200K when I bought it and would
cost 450K now.
Lets say that is average. Has the average salary gone up by 2.25 times?
1.5x is the average. It's plainly not keeping pace.
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