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Home price isn’t technically the right metric. “Mortgage payment to income ratio” is. As mortgage interest rates go down home values go up, but mortgage payment
by forrestthewoods 5y ago
Home price isn’t technically the right metric. “Mortgage payment to income ratio” is. As mortgage interest rates go down home values go up, but mortgage payments might now.
No doubt housing is expensive and getting more expensive. But I’ve always wanted to see the mortgage payment plot too.