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Re:Home Price to Income Ratio by zepto on Monday September 20, 2021 @10:56PM (#28601630)
True. But that’s nonetheless likely to be transient over a reasonable time horizon for home ownership, e.g. 10 years.
Re:Home Price to Income Ratio by jjnoakes on Monday September 20, 2021 @11:54PM (#28601918)
It affects things like refinancing, pmi removal, and helocs as well when appraisals come in lower.