Irwin
Well-known Member
- Location
- Denver, Colorado, U.S.A.
I saw an article yesterday that house prices went up 40% in the past year in Austin, Texas. The average house price here in Denver is now over half-a-million dollars! Back in the 90s, you could buy a nice house here for under $100,000. There was a thread about houses in San Francisco going for more than a million dollars over asking price!
I don't understand why there's such a housing shortage. It started back in the late '90s and doesn't seem to be letting up. The American dream is way out of reach for a lot of people.
So... what, if anything, should be done to bring prices back down or to help people buy houses?
Personally, I have no idea, but maybe other people do.
I don't understand why there's such a housing shortage. It started back in the late '90s and doesn't seem to be letting up. The American dream is way out of reach for a lot of people.
So... what, if anything, should be done to bring prices back down or to help people buy houses?
Personally, I have no idea, but maybe other people do.