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I would like to know more about this. What would it look like if housing prices were tied to income?
by angmarsbane 7y ago
I would like to know more about this. What would it look like if housing prices were tied to income?
- 033803throwaway 7y agoThere are many ways to do it, but one method would be to limit loans to some multiple (say 3x) of someones trailing income (say 3 years). This could be scaled into over time to smooth out price adjustments.