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re: Housing prices are alarming
Posted on 6/10/19 at 9:27 am to stout
Posted on 6/10/19 at 9:27 am to stout
quote:
Housing price growth and rental price growth has far surpassed wage growth for several years now. It's not sustainable.
This has been ongoing since the 60s or 70s IIRC. Wage stagnation has just killed personal buying power. This is why you have 30 year mortgages.
1
Posted on 6/10/19 at 9:41 am to EarlyCuyler3
quote:
This has been ongoing since the 60s or 70s IIRC.
The gaps has never been as big as it is now
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