Home Price to Income Ratio

Re:Home Price to Income Ratio by somehnacct3757 on Monday September 20, 2021 @06:08PM (#28599656)

If you focus on mortgage payment instead of home price, you also need to take mortgage term length into account for a generational study. 30 year mortgages only came about in the 1950's. Before then the choices were typically 15 and 20 years.

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Re:Home Price to Income Ratio by woobar on Monday September 20, 2021 @08:09PM (#28600616)

And in Europe they have 100 year mortgages. US still have plenty of options to make monthly payments affordable.

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Re:Home Price to Income Ratio by gspr on Tuesday September 21, 2021 @03:13AM (#28602728)

Isn't this a uniquely Dutch thing?

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Re:Home Price to Income Ratio by woobar on Tuesday September 21, 2021 @08:10PM (#28611641)

I think Sweden and Switzerland also do this

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