I live in a place that does not allow rentals. It somewhat keeps the price in check but honestly like bank foreclosures and such don’t seem keen on selling very fast. So it feels like a combo of everything else being expensive drives normal folks here who can’t compete with the corps and even then the businesses realize the condos are still useful as value stores. So despite the affordable nature relative to other places im pretty sure I could not buy where I live today. its nuts.
I live in a place that does not allow rentals. It somewhat keeps the price in check but honestly like bank foreclosures and such don’t seem keen on selling very fast. So it feels like a combo of everything else being expensive drives normal folks here who can’t compete with the corps and even then the businesses realize the condos are still useful as value stores. So despite the affordable nature relative to other places im pretty sure I could not buy where I live today. its nuts.