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re: The math for buying a home no longer works, per WSJ

Posted on 12/20/23 at 9:26 am to
Posted by Steadyhands
Slightly above I-10
Member since May 2016
6838 posts
Posted on 12/20/23 at 9:26 am to
quote:

The average hope price is 400+k
Median income *now* isn't able to support buying at the average house price

Has nothing to do with buying outside your means brah.


Correct, it has to do with buying over priced. There are foreign entities at play in this, which needs to be dealt with, but that's not the only reason the median price is so high.
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