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

Posted on 12/21/23 at 2:02 pm to
Posted by meansonny
ATL
Member since Sep 2012
25896 posts
Posted on 12/21/23 at 2:02 pm to
quote:


it confirms that wages didn't keep up with housing costs even before the covid housing market boom, which was the point

By a significant margin of 0.27%.

Great point.

Let's do 31 more pages.
Posted by hubertcumberdale
Member since Nov 2009
6558 posts
Posted on 12/21/23 at 2:03 pm to
quote:

By a significant margin of 0.27%.

Great point.

Let's do 31 more pages.


your math aint mathin too well

before COVID was a thing, the last 20 year (2000-2020) delta bw average home price increase and average wage increase was 39% ($163,200 to $329,000 and $14.75/hr to $24/hr)
This post was edited on 12/21/23 at 2:04 pm
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