Comment on
Something something avocado toast
I bought my house in 2014, $224k at 4% APR, my monthly payment including taxes is $1400/mo.
It's only been 11 years, inflation is up ~35% in that time, so buying the same house now should be ~$1900/mo. Actual price if I were to buy it now? ~$3500/mo. And wages have barely budged. No wonder young people entering the workforce can't buy houses anymore.