Re:US housing price higher than housing bubble 2008
by Cookingboy on Tuesday September 14, 2021 @05:03PM
(#28531158)
>it's pretty messed up if you're making 3x the national median household income
3x national median income would actually mean something if real estate costs the same nationally, but obviously it doesn't. Many areas in the country costs far more than 3x in terms of real estate prices.
If you make the 3x the median income of the area you live in, then it would be a stronger argument.
3x national median income would actually mean something if real estate costs the same nationally, but obviously it doesn't. Many areas in the country costs far more than 3x in terms of real estate prices.
If you make the 3x the median income of the area you live in, then it would be a stronger argument.