Tag: research
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Real Estate Unaffordability Soars, What Happens Next?
US housing unaffordability is at its highest peak since the early 1980s. Yes, even surpassing (albeit slightly) the height of the pre-Great Recession bubble. The graph below charts unaffordability over time, where the higher the blue line, the more unaffordable housing is for 50% of household incomes. What happens next? The early 1980s provides the