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Barbs 3 points ago +4 / -1

Inflation doesn’t affect home prices, lol. What’s driving up home prices are people abandoning their dinky apartments in the cities and moving to the suburbs or rural areas. Also contributing to the problem is the lumber shortage, which makes turn-key homes more appealing.

Also, if you’re a current homeowner, this is awesome. It sucks for first-time buyers, but homeowners are livin large with this increase in value.

VonJager 3 points ago +3 / -0

Low interest rates also mean every one can borrow more, which creates competition for homes.