this post was submitted on 11 Dec 2023
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Asklemmy
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The home bought 15 years ago definitley helps. With higher interest and pricing explosions in growing Metro areas like DFW, I'd expect the housing payment to be well over 3x if you were to buy now. DFW median home price alone is up 2.63x over the last 15yr alone before considering interest rates.
Certainly. The point is that it's mainly younger people and people transitioning between stages of their life who are suffering most from the cost of living crisis.