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

Posted on 12/20/23 at 10:01 am to
Posted by CatfishJohn
Member since Jun 2020
13867 posts
Posted on 12/20/23 at 10:01 am to
quote:

eems like you're missing the point of this thread.

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.



Put differently, housing costs are far, FAR outpacing wage growth. Gap is biggest it has been in modernity.



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