Re:The Airbnb Bubble Popping Will Pop the Housing Bubble
by drewg123 on Monday September 04, 2023 @04:38PM
(#37384804)
I wasn't privy to too much of their financial details, but I know the rough price of the house. Assuming we were "average", based around average income for the year we moved there, it was about 40% of the average us income.
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Re:The Airbnb Bubble Popping Will Pop the Housing Bubble
by palmer_fox on Monday September 04, 2023 @04:52PM
(#37384950)
Huh. According to this post the payment-to-income ratio now is around where it was in the early 2000s, but is higher than in the 1990s. Both still significantly lower than the 40% your parents paid.
https://www.businessinsider.com/housing-market-homeowners-sp...