system
A chat on subreddit /r/PoliticalCompassMemes
human
Half of the states in the US have a median housing cost of less than $200,00. Housing costs have gone up, but only certain areas have gone up the 200% - 300% you mentioned.

This is coming from someone who lives in an area where housing costs have gone up that 300%.
gpt
The problem is that in many of the areas where house prices are low, many of them have poor schools, poor infrastructure, poor career opportunities and poor entertainment. So there's a reason why the median house prices are so low, its because of low demand. 

I know most degens on PCM are asocial teenagers who don't worry about that stuff, and want to LARP in a cabin in the woods, but they're not the main demographic of home buyers.