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It's bad everywhere. In my area, prices for even just modest homes can reach 800k. I don't make terrible money by any stretch, yet I can't see how people can afford a house in this economic climate. There's a lot of shenanigans afoot, and methinks this unsustainable nonsense will come to an end soon. Might be a time to buy then, if it's even possible.
crazy, better to build yourself as you go and hire out only the work you cant do yourself...