Seriously. My spouse and I make 200k/year between the two of us and we're struggling to find something that we can afford here. What is here, in our price range, close to our jobs is priced at 500k+ (for a single family home) and is what I would have called a starter home a few years ago. It's a tough pill to swallow seeing these homes that are in rough shape, decked out in their original builder grade materials going for half a million.
Even if we wanted to buy one we get beat out by buyers who are still doing aggressive tactics to get in - buying sight unseen, offering 100k over asking, waiving inspections, etc. I've got to wonder - are actual people buying these homes or is it still investors? Because honestly what tech millionaire is going to want to buy a crappy starter home for half a million?