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And so will the current USA housing bubble in western states and a handful of other trendy locations where housing has far exceeded the realm of affordability b
by notadoc 9y ago
And so will the current USA housing bubble in western states and a handful of other trendy locations where housing has far exceeded the realm of affordability by median income standards.
- brink 9y agoI live in Grand Rapids, and just sold my house for a price that I never would have bought it for.
- stevenwoo 9y agoWhere are you going to live next?
- notadoc 9y agoI would bet it still sold in the realm of affordability though. Out west we have many completely average mediocre homes selling for 10x-25x regional median income levels, which is beyond absurd when historically an affordability marker is somewhere from 1.5x-3x.