Quote:
Originally Posted by Chase Unperson
This shows just how far the coasts are separating from the interior of the county. Friends were telling me they couldn’t relocate from Kentucky to Denver because housing is too expensive. I just looked up and the median house price in Denver is 512k. That’s not even in the top 25 on that list.
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It's not just the "coasts".
Housing price appreciation by % has been accelerating to levels not seen since 2006-2007. Even with the $20 trillion in money creation in response to Covid along with at all time record low interest rates, get ready and buckle up for a roller-coaster ahead because it's not sustainable without a marked correction.