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After watching home prices explode during the pandemic, one recent buyer has a question that probably sounds familiar to anyone who has looked at real estate lately: How can this possibly continue?
The buyer, who recently purchased a home in the Dallas-Fort Worth area, asked Reddit's r/RealEstate community where the ceiling is if home prices keep appreciating while incomes struggle to keep pace.
"At some point don't we just reach a point where no one can afford a home?" they asked. They were even worried that continued appreciation could eventually make their own home difficult to sell because there wouldn't be enough buyers who could afford it.
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#point
After watching home prices explode during the pandemic, one recent buyer has a question that probably sounds familiar to anyone who has looked at real estate lately: How can this possibly continue?
The buyer, who recently purchased a home in the Dallas-Fort Worth area, asked Reddit's r/RealEstate community where the ceiling is if home prices keep appreciating while incomes struggle to keep pace.
"At some point don't we just reach a point where no one can afford a home?" they asked. They were even worried that continued appreciation could eventually make their own home difficult to sell because there wouldn't be enough buyers who could afford it.
Don't Miss:
#point
9 hours ago