We’ve been asking ourselves this question for years and watched the prices go up and up.
But the real question for us is how do people figure for retirement? We are maybe 15 years out on retirement and have been planning since our mid-20’s. Seeing our parents living into their 80’s and 90’s we can’t imagine going into retirement with huge property taxes and maintenance.
Maybe they have more retirement money than we can imagine or maybe they plan to trade down. There should be a Sh** load of used McMansions on the market in about 25 years.