4 ms·

No, he's right. Compare price:income ratio, or mortage as % of income, of countries: https://www.numbeo.com/property-investment/rankings_by_country.jsp https://

No, he's right. Compare price:income ratio, or mortage as % of income, of countries: https://www.numbeo.com/property-investment/rankings_by_country.jsp https://www.numbeo.com/property-investment/rankings_by_count... The US has it better than almost anywhere.

adaml_623 3y ago
Can you explain to me what "Mortgage as a percentage of income" means when it's over 100%?
- mcntsh 3y ago
  It means the median mortgage cost per month is higher than the median income per month.