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The Guardian - US
The Guardian - US
World
Alvin Chang

How finding a home in America became so absurdly expensive

Illustration of three houses with red arrows pointing upwards
Higher home prices mean that in most of the country, the area’s median household income is not enough to stretch to buying a typical home. Composite: Getty Images

In 2021, real estate agents started noticing something strange happening in the US housing market.

In a single week, veteran realtor Sasha Davis wrote 50 offers for clients hoping to buy a home in Florida.

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