▶youtube BusinessReal Estate first seen 1 d ago, last 1 h ago, peak #10
US Housing Affordability Hits a 40-Year Low
Original: Housing Affordability Just Got Smashed To a 40 Year Low
Housing affordability in the United States has fallen to its lowest level in roughly four decades, with high mortgage rates and elevated home prices putting ownership out of reach for many buyers. Commenters say the milestone confirms how badly the market has deteriorated, with first-time buyers hit hardest and little relief expected while borrowing costs remain high.
Why now: Mortgage rates and prices remain near historic highs, making the affordability collapse a live concern for buyers and voters.
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.
Evidence
- Housing Affordability Just Got Smashed To a 40 Year Low · Michael Bordenaro · 159.7K
API: https://socialmediatrends-api.osmike.com/v1/trends/627529