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This. Here's research to back this statement up: Today's House Prices Are Over 40 Percent More Affordable Than The Housing Boom Peak: https://blog.firstam.com

• game_the0ry 5y ago
  Awesome, thanks for sharing. Bookmarked.
• bogomipz 5y ago
  And to balance that out, also from your link: >"The affordability gain from increased house-buying power, however, was offset by the third component of the RHPI, nominal house price appreciation, which reached a record 19 percent compared with a year ago, eclipsing the record for price appreciation of 17.5 percent set in 2005."