☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 9 months agoThe US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec saysfinance.yahoo.comexternal-linkmessage-square15fedilinkarrow-up1115arrow-down111
arrow-up1104arrow-down1external-linkThe US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec saysfinance.yahoo.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 9 months agomessage-square15fedilink
minus-squareCatsrules@lemmy.mllinkfedilinkarrow-up24·edit-29 months agoYou mean the houses that use to be $75-150K with a 3% interest are now $100-200K at 8% interest? Your so right very affordable what a deal! I hope those people living in the Midwest making 40K a year got their income bumped up to 60-70K a year so they could afford the new housing market. The issue is housing is going up faster then income.
You mean the houses that use to be $75-150K with a 3% interest are now $100-200K at 8% interest? Your so right very affordable what a deal!
I hope those people living in the Midwest making 40K a year got their income bumped up to 60-70K a year so they could afford the new housing market.
The issue is housing is going up faster then income.