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Housing is far less affordable now than before the ITE crash.
| ~~(> ' ' )> | 09/27/25 |
| The Sub-Saharan Hephaestus | 09/27/25 |
| UhOh | 09/27/25 |
| .,.,,...,...,..,....,...,...,... | 09/27/25 |
Poast new message in this thread
Date: September 27th, 2025 1:27 PM Author: ~~(> ' ' )> https://www.atlantafed.org/research/data-and-tools/home-ownership-affordability-monitor (http://www.autoadmit.com/thread.php?thread_id=5780523&forum_id=2#49307490) |
Date: September 27th, 2025 1:46 PM Author: The Sub-Saharan Hephaestus (http://www.autoadmit.com/thread.php?thread_id=5780523&forum_id=2#49307520) |
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Date: September 27th, 2025 1:53 PM Author: UhOh wow guess we better start giving unemployed minorities million dollar adjustable rate mortgages (http://www.autoadmit.com/thread.php?thread_id=5780523&forum_id=2#49307535) |
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Date: September 27th, 2025 1:53 PM Author: .,.,,...,...,..,....,...,...,... I don't know if I would say "far less affordable," but it is less affordable by that metric. I'm not sure nationwide averages are meaningful for this analysis, though. In the run-up to ITE, there were a couple markets that were absurdly overpriced (e.g., Miami, Vegas) along with many others that were only slightly inflated (e.g., most of Texas). Today, I feel like housing is too expensive everywhere but an UMC household can still afford a house in most places. (http://www.autoadmit.com/thread.php?thread_id=5780523&forum_id=2#49307539) |