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It seems unsustainably expensive. It seems like with inflation continuing to increase, demand for buying houses will have to go down because people will have to prioritize food. I'm just a girl with very little basic understanding of the economy, what happens to the housing market if inflation continues?

It seems unsustainably expensive. It seems like with inflation continuing to increase, demand for buying houses will have to go down because people will have to prioritize food. I'm just a girl with very little basic understanding of the economy, what happens to the housing market if inflation continues?

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[–] 1 pt

That's my line of thinking as well. At this rate, $200k in January 2022 dollars is going to be worth $270k in January 2023 dollars easily. It could get worse than that even.