This seems to be a nationwide trend for desirable major metro areas. For instance, even 10 years ago making 70k in the Denver area would at least get you a decent condo, and you could probably find a very old house in an okay neighborhood to buy.
These last 5 years alone have really destroyed the possibility of home ownership (or even condo ownership) for a lot of people. Now, if you spouse up and you both make the average wage or above you are okay, but overall it seems like the shift is towards pricing out anyone but experienced workers working in a specific few sectors (technology, medicine mainly).
This seems to be a nationwide trend for desirable major metro areas. For instance, even 10 years ago making 70k in the Denver area would at least get you a decent condo, and you could probably find a very old house in an okay neighborhood to buy.
These last 5 years alone have really destroyed the possibility of home ownership (or even condo ownership) for a lot of people. Now, if you spouse up and you both make the average wage or above you are okay, but overall it seems like the shift is towards pricing out anyone but experienced workers working in a specific few sectors (technology, medicine mainly).
I'm not going to... (read more)