For John, BLUF: High housing prices, with a rising population, will mean marginalized people being dropped into homelessness, which is not a good thing. Nothing to see here; just move along.
Here is the sub-headline:
The combination of high home prices and property tax rates can making buying a home a costly proposition in some states
From Market Watch, by Mr Jacob Passy, 30 August 2019.
Here is the lede plus one:
Prospective home buyers may want to steer clear of the Bay State if they don’t want their purchase to break the bank.Note it is the combination of price and property tax. With our Mass population growing (240,000 in Middlesex County over the next 25 years) we need to find a way to get ahead of the housing curve. And to get ahead of the transportation infrastructure.Massachusetts ranked as the most expensive state to buy a home in, according to a report from personal-finance website SmartAsset
Hat tip to the InstaPundit.
Regards — Cliff
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