Housing Affordability, What Can We Do About It?
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Almost every weekend of the year I do an open house. Inevitably, during one of these three hour windows of time, someone will come in and we’ll begin discussing the current real estate market. Sometimes this person will be incredibly discouraged by the great expense it takes to own a home on the Westside. And often enough they will make a comment like “well, it’s great for you real estate agents, you’re making more money!” Then I stop and tell them that it’s not great for me. I don’t like seeing more and more people priced out of the market. It’s disappointing when a young family of three, both parents working professionals, can’t afford a two bedroom house or condo in a decent neighborhood. There are many great things about owning your own place, and once you have children it is even more important.