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The US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec says (finance.yahoo.com)

submitted 11 months ago by yogthos@lemmy.ml to c/us_news@lemmygrad.ml

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[–] besbin@lemmygrad.ml 13 points 11 months ago

living in one of the the worst spot of this housing crisis and I feel the pain in my bone. I can work a tech job, that is paid more than 90% of the us population, for all my life and wouldn't even be able to afford a house the landlord's granddad bought when he started working at the factory.

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