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SoftTalker
14 days ago
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Nobody’s buying homes, nobody’s switching jobs, Am...
7% is close to normal, historically. But not for the past couple of decades, so people forgot.
garciasn
14 days ago
[–]
You're missing the median income to home price ratio is at an all-time high:
https://www.longtermtrends.net/home-price-median-annual-inco...
So, while interest rates are at historical 'norms', affordability is not.
bnjms
14 days ago
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parent
[–]
I ask sincerely. Is there a way out of that problem other than raising wages and inflation?
SoftTalker
13 days ago
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root
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parent
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Build more houses (or housing, if you prefer).
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