We bought our house in mid 2020 and as of the most recent update from the bank it’s now up 30% in value since then. We live in a HCOL midwest city. With that appreciation we would really be stretched & on the edge of not being able to afford our home if we were looking to buy it now.
I’m interesting in hearing if anyone else, especially those who bought in the last few years, has effectively been priced out of buying their own home by this insane appreciation?
submitted by /u/Informal-Candle
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We bought our house in mid 2020 and as of the most recent update from the bank it’s now up 30% in value since then. We live in a HCOL midwest city. With that appreciation we would really be stretched & on the edge of not being able to afford our home if we were looking to buy it now. I’m interesting in hearing if anyone else, especially those who bought in the last few years, has effectively been priced out of buying their own home by this insane appreciation? submitted by /u/Informal-Candle [link] [comments]
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