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?
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