▶youtube BusinessReal Estate first seen 1 d ago, last 21 min ago, peak #10
US Housing Affordability Falls to a 40-Year Low
Original: Housing Affordability Just Got Smashed To a 40 Year Low
Housing affordability in the United States has dropped to its lowest level in roughly four decades, as high mortgage rates and elevated home prices push ownership out of reach for many buyers. Commentators are highlighting the milestone to illustrate how severe the housing cost squeeze has become, with calls growing for more supply and policy action.
Why now: Mortgage rates and home prices have made affordability metrics hit historic lows, fuelling widespread debate about the housing crisis.
Rank over time, top of the chart is #1. 16 snapshots from 1 d ago to 21 min ago.
Evidence
- Housing Affordability Just Got Smashed To a 40 Year Low · Michael Bordenaro · 157.3K
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