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THIS "market" specifically (including current local zoning regs, the financial health of the home construction industry, etc.)? Or some generalized concept of "the market"? And where, specifically, does private equity own housing?

Rentals are housing too. We need a lot more rental housing. If a home is rented out it is providing shelter to people.

This is in aggregate. A lot of homeowners own their homes without a mortgage which would be 0%. You’re right, the median mortgage payment is way higher. You have to average everyone’s income and mortgage payments.

So much winning tho, amirite?

This chart brought to you by avocado toast.

If you have a mortgage on your home, and your current equity is less than say, 30% or 40%, this indicates that you probably have a serious problem in your financial future. Even with no mortgage and 100% equity, there are still significant risks to your financial well-being.

Hold on to your hat. The calamity that is forming from multiple sources is going to be very rough indeed.

Capitalism is a failed, unstable, brutal system built by wealthy white men. The black beating heart of it is in New York, on Wall Street. Surely, we underestimated the moral and ethical decay in a nation brainwashed to worship wealth and power at any cost. We can do better, so much better.

soon

And people wonder why young people are angry? This is why - establishment politicians at every level have done nothing to address this.

Pretty soon it'll be cheaper to wipe your ass with a dollar bill than a sheet of Charmin...

Expect a crash in the next year or so.

Remember when those Barstool Sports dipshits tried to make "dudes can't afford houses" or some inane shit a part of their brand? Where's all that gone now, you fair weather fucks?

The price of eggs though...

... But $20 Billion for Argentina sure, pathetic Christians ...

I don’t think anyone needs a chart to know this.

What could possibly go wrong? OK, an AI stock bubble and a housing cost bubble both bursting at the same time might be a bit of a problem. I'm sure we can take the money from the "tariff shelf" to mitigate the impact.

I think what needs to be said is the wage gap between then and now allowed you to do this

Yes this exactly, about 2x as difficult now to own a home versus the 80s. So whatever home she struggled to afford then, she could only purchase one that cost half that amount today. And thats not opinion, just what this chart data says.

But we didn't change anything to stop it from happening, how could it happen again?

Qualifying for a median priced home in America now takes $100,000 minimum annual income which in most cases means two full-time jobs.

Is Fascist USA great or grated now?

But, I bet all Hannity's HUD housing is doing just fine...

There is an inventory shortage, and no one wants to build homes for the lowest 90% income buyers.

Yes, yes. Clearly the solution is another tax break for the ultra-wealthy. What a world.

Republicans and Donald Dump did this. Vote accordingly.

So tired of all the winning. Ten months feels like…

YOU DID THIS MAGA

Yeah, America is "great": again.

true..but i would see this differently… inflation and wealth inequality speak volume

Every US President for the last several decades did that.

dotted line is biden's presidency btw. for every republican action there is an equal democrat inaction that permits said action. blaming trump and then just going on about your day helps no one but yourself

I want to bop every boomer who whines “work harder” with this rolled up graph

Who is surprised?😞🙄

Ah that's nothing, move along nothing to see here. Give some more tax breaks to the rich and be nice to them and maybe, just maybe, they'll build some apartments near you

That’s what the camps are for.

Ronald Reagan's influence showing up on every quality of life graph for the past 50 years

Investor ownership is under-reported. Small investors & large institutional investors are increasing every year. When housing starts to fall they will be the first to jump ship & begin flooding the market with inventory. Watch for decreases in rents. Rents in some markets make no sense (too high).

Don't get me started on what it's done to property taxes and homeowners insurance.

Suggestion The new ballroom can house some of the new homeless, especially as it is paid for by taxpayer. Put up shelters in the billionaire gardens

And houses will cost more. They're serving the rich. Could be building homes for the homeless. Especially vets.

Sounds like a condo would be a better starter home then.

The American Dream has always been about access to opportunity not owning a home in the suburbs. The suburban experiment is about exclusion not access which is why it is corrosive to the American Dream of opportunity by limiting mobility.

*yet

And that with a recession looming

Not sure why we need emergency surens when the chart clearly demonstrates we've been in the same place for 4 years.

Thanks Precendent Tramp!

So have cars.

This is what everyone should be upset about not the made up border crisis.

For more on this: www.youtube.com/watch?v=BTlU...

It's going to blow...

Please consider adding alt text to posts with images as folx who rely on screen readers for vision loss deserve equitable access to information, & you can update your settings on BlueSky so that you cannot post images without alt text, so you are prompted to add it if you might otherwise forget! 🙏🏽🙏🏽🙏🏽

Please consider adding alt text to posts with images as folx who rely on screen readers for vision loss deserve equitable access to information, & you can update your settings on BlueSky so that you cannot post images without alt text, so you are prompted to add it if you might otherwise forget! 🙏🏽🙏🏽🙏🏽

Thank God it's only an investment vehicle & not one of life's necessities. youtu.be/TDJUot9OBLc?...

How can Double Bubble be a bad thing?

Global recession time