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Compare those who actually buy though. Comparing raw incomes and real estate prices doesn't make any sense either. Again - a bad comparison. There are many part
by bradlys 5y ago
Compare those who actually buy though. Comparing raw incomes and real estate prices doesn't make any sense either. Again - a bad comparison. There are many parts of the world that have highly inflated real estate prices compared to average incomes but no one in the median income buys them at those prices. Places like Taiwan and Singapore are even worse by those measures but clearly people can live there...
Do you think people in Manhattan on a $118k/yr income are buying real estate? (They're not)
- endisneigh 5y agoOk, use rent, it’s still more expensive. United states is cheaper compared to other countries no matter how you slice it. Why don’t you just accept facts lol. People in other countries have to spend more of their income for housing. Feel free to post data showing how affordable other countries are for their citizens
- naveen99 5y agoAre you taking into account property taxes ?