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> Homes are only expensive if you want to live in a popular urban area.

Compared to the past, homeownership is expensive nationally, and the general trend has long been up although there wasa a sharp, temporary reduction from the late 2000s financial crisis [0]. Sure, there is regional variation, but that doesn't mean that national prices are relatively static.

https://fred.stlouisfed.org/graph/?g=kYEb



Prices are meaningless on their own. What actually matters to most buyers is availability of financing and total monthly housing expense as a percentage of income.




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