4 ms·
According to this website [0], the US has the 3rd lowest income/house price ratio in the entire world. Outside the west coast and parts of the northeast which
by mrep 4y ago
According to this website [0], the US has the 3rd lowest income/house price ratio in the entire world.
Outside the west coast and parts of the northeast which are geographically limited in building new houses, we basically have infinite land to build housing which is why inflation adjusted price per square foot hasn't really changed in decades [1].
[0]: https://www.numbeo.com/property-investment/rankings_by_country.jsp https://www.numbeo.com/property-investment/rankings_by_count...
[1]: https://www.supermoney.com/inflation-adjusted-home-prices/ https://www.supermoney.com/inflation-adjusted-home-prices/