☆ Yσɠƚԋσʂ ☆M to United States | News & PoliticsEnglish · 9 months agoThe US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec saysfinance.yahoo.comexternal-linkmessage-square20fedilinkarrow-up1131arrow-down111cross-posted to: us_news@lemmygrad.ml
arrow-up1120arrow-down1external-linkThe US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec saysfinance.yahoo.com☆ Yσɠƚԋσʂ ☆M to United States | News & PoliticsEnglish · 9 months agomessage-square20fedilinkcross-posted to: us_news@lemmygrad.ml
minus-squarethejevanslinkfedilinkarrow-up7·9 months agoThey have to be affordable for the local population as well, not just an average income. Incomes in places with lower cost housing are lower, too, so raw numbers aren’t meaningful.
They have to be affordable for the local population as well, not just an average income. Incomes in places with lower cost housing are lower, too, so raw numbers aren’t meaningful.