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914

So, what you said was not happening somehow is happening somehow? When did this start up?

Archive: https://archive.today/ftcA5

From the post:

>New data from Zillow shows the median earner in Denver would need a $44,000 raise to afford a mortgage on a home. It's just the latest statistic that shows how hard it can be to buy a house. But Gen Z seems to be defying the data. According to a recent report from Redfin, Gen Z is actually outpacing millennials and Gen X when it comes to homeownership, compared to when those other generations were the same age.

So, what you said was not happening somehow is happening somehow? When did this start up? Archive: https://archive.today/ftcA5 From the post: >>New data from Zillow shows the median earner in Denver would need a $44,000 raise to afford a mortgage on a home. It's just the latest statistic that shows how hard it can be to buy a house. But Gen Z seems to be defying the data. According to a recent report from Redfin, Gen Z is actually outpacing millennials and Gen X when it comes to homeownership, compared to when those other generations were the same age.

(post is archived)

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First thing I told my son once he got established in his career was to stop renting ASAP and get into a house. That was a few years back, and the house has already gone up by almost 200k

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We were renting but saw the prices going up a lot. We bought something that cost about $65-85 more per month than our rent. Its worth over $150k more than what we bought it for and we have been renting it out for a profit for several years now. Probably one of the best financial decisions we have ever made.

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Yup, told my son, within 10 years, this house will be near 1 million. Assuming inflation continues as it is and the US still exists.

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...I really hope this isn't the start of another 2008 trend.

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Oh we are well into it already and it will probably be worse. With the population collapse there are simply less buyers but we keep building.

Builders all over the country have slowed down jobs or cancelled them entirely.