Do you know a first-time home buyer who's discouraged by this market? These wannabe home owners have no home that is keeping up with inflated prices, like those who already own their homes. So they bear the full brunt of the uptick. The rest of us have a foothold in the market to leverage when we wish to move.
Some of these first-timers can work remotely from home, so their location options are relatively open. Here is an article (seven months old) suggesting locations where a first-time home buyer would likely find good quality of life and an affordable home.
The criteria they used: "populations under 100,000 people and within a 30-minutes' drive to a larger metro, strong job markets, easy access to entertainment and affordability rivaling nearby cities and towns."
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