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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think salaries have gone way up in respect to housing prices.  My house value is pretty much exactly the same as when I bought it 13 years ago with a cumulative of 41% inflation.  However, I am essentially earning the same as I did at that time despite numerous years of experience, maybe a percentage point or two increase.

So, people entering the market a few years ago have quite the buying power.

EG they can afford to go and get themselves a mortgage if they want to buy my house.  Even considering the one bright spot of my matriculation was that mortgage rates were rock bottom.

That being said, I wish mortgage rates were lower, so that I can raise the price of my house.[/quote]
You must not live around here. When we were first striving for a 3br 10 years ago, they were $1M. We thought, oh in 3-4 years we’ll be able to afford that. The same 3brs 3-4 years later were then $1.2M. And now they are $1.6. We cannot earn or save enough to reach the first rung on the ladder. [/quote]
You have champagne tastes on a beer budget. [/quote]

More likely she has beer taste but the bar is way overpriced.[/quote]

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