this post was submitted on 23 Mar 2026
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A whole lot of this just comes down to how inflated American real estate is, especially in large urban areas. The same house can sell for $500k or more in a HCOL area and $200k in a LCOL area.
At least here the influx of work-from-home digital nomads in 2020 was the thing that practically doubled housing prices overnight. They were still inflated over the national average in 2018, but not catastrophically so.