It is why so many are moving to Texas. Just bought a house and had to compete with rich people from all over the place trying to buy here. Home prices have doubled in the last 5 years. Most of that is the past year.
Anything with acreage is crazy expensive. People trying to avoid the city apocalypse when the SHTF.
It is why so many are moving to Texas. Just bought a house and had to compete with rich people from all over the place trying to buy here. Home prices have doubled in the last 5 years. Most of that is the past year. Anything with acreage is crazy expensive. People trying to avoid the city apocalypse when the SHTF.
Housing prices has shot up all around, but mostly in good towns/cities.
Dollar is deflating, so money is being poured into assets like stocks, real estate.
It’s unfortunate because the younger generation will find it near impossible to buy their first house.