this post was submitted on 03 Aug 2023
12 points (80.0% liked)

Housing Crisis

164 readers
1 users here now

A place to post news and have discussions about the housing crisis, its effect on people who are priced out, and what the future has in store.

Post news, share opinions and discuss potential solutions. Change begins with every new person.

Rules:

  1. No spam, no fake ass quasi-news, and no low-tier memes.
  2. No bigotry or hate speech or other illegal posting shit.
  3. No derailing valuable conversations using deviant tactics.

Other resources:

https://lemmy.world/c/rebubble

founded 1 year ago
MODERATORS
[email protected]
12
Housing today is nearly as unaffordable as it was in 1981 when mortgage rates hit 18% (sh.itjust.works)
submitted 1 year ago by atakeris to c/[email protected]
3 comments fedilink hide all child comments
 

Not only that, in terms of the mortgage burden, a median house today is almost as unaffordable as it was in 1981 when mortgage rates peaked at 18.39%—and more than 3x costlier compared to 1970:

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 1 year ago

Hmm. Income column incorrectly formatted.