Re:The tech bubble that never burst
by throw8383833jj on Tuesday April 19, 2022 @07:09PM
(#31090573)
not the median. But, the average person buying in at today's prices, is going to be pretty close to that. I saw one statistic that said 25% of millenials were living at home. and those that weren't, were spending 40% to 50% on housing. of course someone buying now, is even worse of than that 40% to 50%.
I think a better measure might be # of hours worked to afford 1 sq ft. (1970 vs 2022)
I think a better measure might be # of hours worked to afford 1 sq ft. (1970 vs 2022)