Funny enough ( not funny at all actually) your old grow up home adjusted for inflation accounts for just under $700k. So they added 900k on top of that. Over two times the price for the same home accounting for inflation
I have to buy a house to take care of my aging mom (long story, it’s the best way I promise, I wish it wasn’t), and it will be my wife and I, my sister in law, and my mom with her retirement pay all living in and paying for one house, and we still can’t afford most 3 bedroom houses. Not even in a big city. It’s madness. The 3 non-retirees I listed all make more than minimum wage. It’s infuriating that 3 employed adults can’t afford to house and take care of one single elderly person in the current state of the US.
Removed by mod
Funny enough ( not funny at all actually) your old grow up home adjusted for inflation accounts for just under $700k. So they added 900k on top of that. Over two times the price for the same home accounting for inflation
Something, something inelastic demand.
I have to buy a house to take care of my aging mom (long story, it’s the best way I promise, I wish it wasn’t), and it will be my wife and I, my sister in law, and my mom with her retirement pay all living in and paying for one house, and we still can’t afford most 3 bedroom houses. Not even in a big city. It’s madness. The 3 non-retirees I listed all make more than minimum wage. It’s infuriating that 3 employed adults can’t afford to house and take care of one single elderly person in the current state of the US.