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You're missing the median income to home price ratio is at an all-time high: https://www.longtermtrends.net/home-price-median-annual-income-ratio/ https://www.l
by garciasn 1y ago
You're missing the median income to home price ratio is at an all-time high: https://www.longtermtrends.net/home-price-median-annual-income-ratio/ https://www.longtermtrends.net/home-price-median-annual-inco...
So, while interest rates are at historical 'norms', affordability is not.
- bnjms 1y agoI ask sincerely. Is there a way out of that problem other than raising wages and inflation?
- SoftTalker 1y agoBuild more houses (or housing, if you prefer).