While it’s not quite as much, I’m in what was once the cheapest town within 30 miles in any direction, and our housing prices have gone up 800% in the last 20 years, compared to the 1000% in the other city I mentioned.
Rental prices are up about 1000% since then too. My first apartment was $400/mo in the early 2000s. That same apartment is now $3500/mo, and it hasn’t even been renovated.
While it’s not quite as much, I’m in what was once the cheapest town within 30 miles in any direction, and our housing prices have gone up 800% in the last 20 years, compared to the 1000% in the other city I mentioned.
Rental prices are up about 1000% since then too. My first apartment was $400/mo in the early 2000s. That same apartment is now $3500/mo, and it hasn’t even been renovated.