If I could buy a place for $150K I would in a heart beat. Right now I rent a place worth about $600-$650K for $1575. Average home prices in my town are over $600k. Any place I would actually want for long term is closer to $800K. I'll be here for about 4 more years then probably back to my home county where I can at least buy bare land (20 acres or so) for about $250-$300K and improve as desired. Too little value where I am now.