2 ms·
The problem is that this isn't true. Since 1965, home prices have increased 7.6x faster than income.[0] This obviously cannot continue indefinitely (that'd lead
by crote 4y ago
The problem is that this isn't true. Since 1965, home prices have increased 7.6x faster than income.[0] This obviously cannot continue indefinitely (that'd lead to everyone spending >100% of their income on housing), so at some point the price increase will have to stop.
[0]: https://www.realestatewitch.com/house-price-to-income-ratio-2021/ https://www.realestatewitch.com/house-price-to-income-ratio-...