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Huh. According to this post the payment-to-income ratio now is around where it was in the early 2000s, but is higher than in the 1990s. Both still significantly
by palmer_fox 3y ago
Huh. According to this post the payment-to-income ratio now is around where it was in the early 2000s, but is higher than in the 1990s. Both still significantly lower than the 40% your parents paid.
https://www.businessinsider.com/housing-market-homeowners-spending-third-of-income-mortgage-payments-2022-4 https://www.businessinsider.com/housing-market-homeowners-sp...