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Unaffordable relative to wages. Even though you make more in California, you don't make enough more.

This is not just California. I live in Washington and wouldn't have been able to afford my house if I was buying today. Inflation + interest rates + price jumps.

Even in Austin my 200k house from 2007 is 4x the price today.

Wow and 2007 was height of a boom.

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