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> Yeah, I don’t think they’ve done much research on historical pricing vs. income. Can you share what you’ve learned?
by ejstronge 5y ago
> Yeah, I don’t think they’ve done much research on historical pricing vs. income.
Can you share what you’ve learned?
- dd36 5y agohttps://en.m.wikipedia.org/wiki/Case%E2%80%93Shiller_index https://en.m.wikipedia.org/wiki/Case%E2%80%93Shiller_index
- ejstronge 5y agoIf you take a look at the Case Schiller index, to which you’ve linked, it is clearly the case that someone from GP’s parent’s generation would have seen lower Index values than a current home buyer. What are your other arguments?
- dd36 5y agoI think maybe it’s better to demonstrate a counter argument as I don’t know a single data point taken in context that doesn’t show housing is the least affordable it has ever been. There was a reprieve with the crash but that’s over.