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in 2025 anything vaguely desirable in a coastal-ish city is starting at more like 600-700k. actual decent houses will be 1MM or more.

the folks in those areas, if you owned a house for the last 20 years, are now richer than ever due to that property appreciating. but the younger generation is absolutely screwed



> if you owned a house for the last 20 years, are now richer than ever due to that property appreciating.

Only if you sell it, and move somewhere with a much lower cost of housing.


If there is a spare bedroom in your HCOL location, renting that out lets you get some incoming cash flow without having to move away to a LCOL location.


You don't get "rich" from renting out a spare bedroom.


HELOC and never pay it off until you die


The north coast has cheap housing.




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