▶youtube BusinessReal Estate first seen 16 h ago, last 17 min ago, peak #11
US Housing Affordability Falls to a 40-Year Low
Original: Housing Affordability Just Got Smashed To a 40 Year Low
Housing affordability has reportedly dropped to its weakest level in roughly four decades, with commentators saying homes are now the least affordable in 40 years. The claim is drawing wide attention as high prices and elevated mortgage rates squeeze buyers, fuelling debate about the state of the housing market and whether relief is coming.
Why now: Housing costs and mortgage rates remain a top concern for buyers, so news of a 40-year affordability low is resonating widely.
Evidence
- Housing Affordability Just Got Smashed To a 40 Year Low · Michael Bordenaro · 152.1K
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