News for hackers. Stuff that matters.

A comment on Nobody’s buying homes, nobody’s switching jobs, America’s mobility is stalling. Parent comment

Re:Nobody’s buying homes, nobody’s switching jobs, America’s... by SoftTalker on Thursday August 14, 2025 @10:57PM (#44908153)
7% is close to normal, historically. But not for the past couple of decades, so people forgot.
[ Parent | on HN ]
Re:Nobody’s buying homes, nobody’s switching jobs, America’s... by garciasn on Thursday August 14, 2025 @11:33PM (#44908351)
You're missing the median income to home price ratio is at an all-time high: https://www.longtermtrends.net/home-price-median-annual-inco...

So, while interest rates are at historical 'norms', affordability is not.

[ Parent | on HN ]
Re:Nobody’s buying homes, nobody’s switching jobs, America’s... by bnjms on Friday August 15, 2025 @12:13AM (#44908540)
I ask sincerely. Is there a way out of that problem other than raising wages and inflation?
[ Parent | on HN ]
Re:Nobody’s buying homes, nobody’s switching jobs, America’s... by SoftTalker on Friday August 15, 2025 @11:09AM (#44913383)
Build more houses (or housing, if you prefer).
[ Parent | on HN ]