/biz/ - Business & Finance

I just read a yahoo finance article suggesting middle class people in America will be priced out permanently.

I’m really freaking out to be honest. My budget is 380k, and could go to 400k depending on the area... it just depends on taxes, some areas are more affordable at that price because of lower taxes. But unfortunately, zero homes come up.

I have more than enough money to put down. I cannot save more to to make this any easier. Unless I saved another 100k to put down on top of the already 20% I plan to put down! I suppose. But of course the house would have higher taxes.

I don’t know what anyone can suggest. What am I asking here? I am hoping someone will say it isn’t so that buyers are permanently priced out.