> I'm not sure if a fix would be so easy. Housing prices have been rising everywhere, even in small cities like my home town, where a decent amount of construction is going on.
Yeah, this doesn't get enough attention. Everyone's so focused on NYC / Boston / San Francisco / Seattle / Denver, that they're missing that this problem is happening almost universally, in the vast majority of markets across the US.
I live in a very small city in flyover Midwest that commonly hits the top ten "affordable places to live" lists, and has the lowest average incomes of any market in the entire US. Despite all of that, even here our costs have skyrocketed. Monthly rents have doubled over the past five years.
It's feels like another housing bubble, but this time everyone is refusing to let it pop.
Yeah, this doesn't get enough attention. Everyone's so focused on NYC / Boston / San Francisco / Seattle / Denver, that they're missing that this problem is happening almost universally, in the vast majority of markets across the US.
I live in a very small city in flyover Midwest that commonly hits the top ten "affordable places to live" lists, and has the lowest average incomes of any market in the entire US. Despite all of that, even here our costs have skyrocketed. Monthly rents have doubled over the past five years.
It's feels like another housing bubble, but this time everyone is refusing to let it pop.