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A comment on US Housing Affordability Hits Worst Point in Nearly Four Decades. Parent comment

Re:US Housing Affordability Hits Worst Point in Nearly Four ... by candiodari on Monday August 21, 2023 @06:30PM (#37216208)
In other words the solution is some serious level of sustained inflation.
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Re:US Housing Affordability Hits Worst Point in Nearly Four ... by gorjusborg on Tuesday August 22, 2023 @09:53AM (#37222738)
Theoretically, that'll make the debt easier to pay, given enough time.

However, there are levels of debt-to-income that prevent the borrower from getting that time (insolvency exists).

I am hoping policy-makers have a more sophisticated approach than 'money printers go brrr'. Economies like price stability. Deflation and inflation can be destructive in the extreme.

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