Recently, the term "living burden" has been a hot topic in American society. From coast to inland, from affluent neighborhoods to working-class communities, this topic is everywhere. Housing, food, daily expenses—everything is outrageously expensive, and middle-income workers are almost being pushed out of the places they've called home for years.



This feeling of living paycheck to paycheck has even changed the political landscape in some areas. More and more people are fleeing high-cost regions. Coastal cities are too expensive, so they move to the Midwest—where housing prices are lower, rents are cheaper, and wage growth is more stable. It sounds like a lifeline, so the population flow to the Midwest has become a major trend.

But things are rarely that simple. A large influx of homebuyers into the Midwest has actually started to push up local housing prices. Originally, they were trying to escape soaring prices, but now they find that their "refuge" is also becoming more expensive. Local residents watch housing prices soar day by day, and their anxiety rises—it's not just newcomers snapping up homes, but local young people are also increasingly unable to afford them. This economic tug-of-war between regions reflects the deep-seated contradictions in the entire country's housing market.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ForkTroopervip
· 01-06 05:58
This is a typical dead end you can't escape from; no matter where you run, it's the same.
View OriginalReply0
LightningPacketLossvip
· 01-06 01:50
This is what you call moving and fleeing turning into a collective stampede, hahaha, hilarious.
View OriginalReply0
MemeEchoervip
· 01-06 01:44
Here we go again, fleeing to the Midwest and Western regions, and then housing prices go up again... It's just ridiculous. Where exactly can we survive?
View OriginalReply0
BoredRiceBallvip
· 01-06 01:30
Isn't this just the story of a modern escape dream shattered, haha, with a bitter smile...
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)