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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 idlewatcher
Posted on 12/20/23 at 9:26 am to idlewatcher
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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