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If houses were so "cheap", why is the home ownership rate higher today? Why wouldn't everybody just buy one of those "cheap" houses? https://fred.stlouisfed.or
by staringback 3y ago
If houses were so "cheap", why is the home ownership rate higher today? Why wouldn't everybody just buy one of those "cheap" houses?
https://fred.stlouisfed.org/series/RHORUSQ156N https://fred.stlouisfed.org/series/RHORUSQ156N
- momirlan 3y agotrust me, when i bought my first house in '97 the prices were 5 times lower than today. my salary was 75% of what I'm making today. so even late boomers (which I am) had their chance.