How are people affording these crazy home prices?

[aftriathlete]

Sorry to hear about the divorce, never fun, I’m glad you got a good settlement though seems rare, I’d say you definitely have both boxes checked! Good luck on the hunt. Hawaii is gorgeous

No it was not fun, it was totally stupid. But all good now. The market here is crazy -- prices haven't come down at all since covid peak, they just plateau'd even with the high rates. Inventory was already limited just inherent to island life, and fewer sellers due to them being trapped by their good rates. So my very unexpert logic infers that when rates do finally come down, list prices will be gone to the moon. Can't believe the overall dollar figure it takes to get into a house here though...

 

[Rich M]

Yeah I’m not sure most 1500 square foot houses are affordable. Unless you live in some podunk town

I live in a 1,200 sf place in Orlando. Been here for 24 yrs.

 

[Underandoverit]

Apparently people aren't able to afford these crazy home prices. There was a 18% rise in homelessness in America in 2024. Buckle up...

 

[WeiserBucks]

Apparently people aren't able to afford these crazy home prices. There was a 18% rise in homelessness in America in 2024. Buckle up...

That's drugs, not home prices.