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Vinca

(53,039 posts)
8. I always blamed the housing prices in our area on something we saw during Covid. I live in a very blue
Mon Nov 3, 2025, 01:28 PM
Nov 3

area of NH, right next to Vermont. The upscale homes, especially near ski areas, have always sold for a ton of money. Celebrities have second homes - sometimes first homes - around here. During Covid, the monied moved from the densely populated cities to our rural hills. They quickly bought up all the homes they might normally buy, then started in on the homes the rest of us usually can afford. Then the bidding wars began. A house would go on the market and sell in a couple of days for a small fortune over asking. Cash sales became the norm. Average people were being left out in the cold and most couldn't afford to pay cash for anything under the best of circumstances. It went on like that for a long time after the Covid lockdown ended and it has only recently started coming back down ever so slightly. Still, it's far from being in line with what people earn and can afford.

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