☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 1 year agoThe US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec saysfinance.yahoo.comexternal-linkmessage-square20fedilinkarrow-up1130arrow-down111
arrow-up1119arrow-down1external-linkThe US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec saysfinance.yahoo.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 1 year agomessage-square20fedilink
minus-squarethejevans@lemmy.mllinkfedilinkarrow-up7·1 year agoThey have to be affordable for the local population as well, not just an average income. Incomes in places with lower cost housing are lower, too, so raw numbers aren’t meaningful.
They have to be affordable for the local population as well, not just an average income. Incomes in places with lower cost housing are lower, too, so raw numbers aren’t meaningful.