☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 1 year ago

The US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec says

finance.yahoo.com

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The US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec says

finance.yahoo.com

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 1 year ago

To hit pre-pandemic affordability, either US incomes must spike, home prices have to crash 35%, or mortgage rates must come down.

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asteroidnova@lemmy.ml
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1 year ago
Hard to do when everyone views renters as parasitic children.