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Muffinman3571 t1_jbm3ngo wrote

I live in Utah and the rural areas are where it's really crazy. My dad lives in the city that is purely residential no business is allowed in city limits. He bought his home in 2008 for a touch under $300k. He sold it last year for $1.3 million.

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I_ate_it_all t1_jbotzfv wrote

That level of growth is what we are seeing in Oceanside, which is the last coastal part of San Diego County to gentrify. It's hard to fathom, but at least if you drive inland 15 minutes the growth is only double over the same time period...

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windowsfrozenshut t1_jbrp3yw wrote

Yeah, Utah is ridiculous. I was lucky and bought my house in 2018, but any median level earner here who waited until 2020 and after to try and buy is literally not able to afford anything right now. I'm not even in any of the metros listed on the chart, but my little bumfuck town is right there with them which is shocking. Double wides built in the 80's are selling for 100k at 10% interest plus 6-700 a month in lot rent, and that's the cheapest option.

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Iluvteak t1_jbycz9i wrote

My god that makes me ill. Good for him but wtf is going on

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