I suspect that this is some regional thing, like OP grew up in a place that really gentrified the house I grew up in (c. 1976) has a zillow price of $450k, which is quite affordable for anyone in a top 1% household incomehttps://twitter.com/GarrettPetersen/status/1482384651951882240 …
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The condo I bought 20 years ago still hasn't rebounded to the appraisal it had right before the GFC, although it's finally getting close. (I was under water for about five years.) Good thing I didn't need to move or anything.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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