65: Housing Affordability

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Shop Talk: The Real Estate Show

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The average house in 1963 would have cost you $19,300. Today, that number is $393,300, and even adjusting for inflation doesn’t help. No matter how you cut it, modern American housing is expensive. This episode explores why, and what you can do in the meantime.References:Housing prices over timeHousing prices by stateEpisode 22: Hot MarketsAcross the U.S.: What Does $500,000 Get You in Real Estate?