Not a meme or anything, so I’m not quite sure where else to post this. It’s been floating around since early this year, and I thought it was interesting to see and speculate about why certain states are so high/low right now.
If I could find the source of the data, I would’ve posted it to /c/dataisbeautiful, but without it I’d rather share it somewhere more casual.
Don’t forget to throw inflation in there too, which is equivalent to $130k now. Everything over that shows how much houses have outpaced inflation.
And now that you know that you can respect how nearly impossible it is for people who are just starting out to get a new home.
You (and me too) were able to take advantage of the 2008 housing market crash. We need another one to give people a chance.