by WorldTribune Staff, October 17, 2023
The housing market is broken with no end in sight, an analyst said in an Oct. 15 social media post.
Unaffordable housing hits a record high. Even worse than 2006 — just before the Global Financial Crisis.
In US cities it now takes between half and two-thirds of income to own a house. In San Francisco it’s 84% 🤯
Washington’s trillions broke housing. With no end in sight. pic.twitter.com/lDQV5KSXdN
— Peter St Onge, Ph.D. (@profstonge) October 15, 2023
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U.S. housing 2023: Half to two-thirds of income to own a house in most cities added by Editor Two on
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