https://www.realtor.com/news/trends/amazingly-2023-is-not-the-most-unaffordable-its-ever-been-to-buy-a-home-not-even-close/
Buying a home in today’s market seems, to many Americans, a nearly impossible pursuit amid record-high home prices and rising mortgage rates, but according to Realtor.com, buyers in the early 1980s faced an even more challenging market. In 1981, buyers spent a staggering 51.3% of their household income on mortgage payments alone, compared with the
How Does Today’s Housing Market Compare With the 1981 Recession?
Published in Business and Uncategorized
More from BusinessMore posts in Business »
- US economic growth slows in second quarter, but domestic demand robust
- Bank of England policymakers set out views on rates outlook after split vote
- US stock futures extend gains slightly after economic data
- German inflation accelerates to 2.8% in July
- Major central banks steer a cautious hiking path
- Seoul Police Arrest Three in $19M Fake XRP Staking Scam
- BNB Price Gains as BNB Chain Extends Lead in Weekly DEX Volume
- FED Holds Rates as Rising Bond Yields Pressure Crypto
- Lawrence Lepard: Strategy Stock Could Gain 4x to 6x on Bitcoin Rally
- S&P says El Niño alone unlikely to trigger rating downgrades
More from UncategorizedMore posts in Uncategorized »
- US economic growth slows in second quarter, but domestic demand robust
- Bank of England policymakers set out views on rates outlook after split vote
- US stock futures extend gains slightly after economic data
- German inflation accelerates to 2.8% in July
- Major central banks steer a cautious hiking path
- Seoul Police Arrest Three in $19M Fake XRP Staking Scam
- BNB Price Gains as BNB Chain Extends Lead in Weekly DEX Volume
- FED Holds Rates as Rising Bond Yields Pressure Crypto
- Lawrence Lepard: Strategy Stock Could Gain 4x to 6x on Bitcoin Rally
- S&P says El Niño alone unlikely to trigger rating downgrades