Re:Warning Signals for Collapse of The Atlantic Meridional O...
by dragonwriter on Friday August 06, 2021 @10:33AM
(#28087686)
> Homes are only expensive if you want to live in a popular urban area.
Compared to the past, homeownership is expensive nationally, and the general trend has long been up although there wasa a sharp, temporary reduction from the late 2000s financial crisis [0]. Sure, there is regional variation, but that doesn't mean that national prices are relatively static.
Re:Warning Signals for Collapse of The Atlantic Meridional O...
by nradov on Friday August 06, 2021 @10:58AM
(#28088042)
Prices are meaningless on their own. What actually matters to most buyers is availability of financing and total monthly housing expense as a percentage of income.
Compared to the past, homeownership is expensive nationally, and the general trend has long been up although there wasa a sharp, temporary reduction from the late 2000s financial crisis [0]. Sure, there is regional variation, but that doesn't mean that national prices are relatively static.
https://fred.stlouisfed.org/graph/?g=kYEb