"Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearHO
Housing Crisis atakeris 1y ago 80%

Housing today is nearly as unaffordable as it was in 1981 when mortgage rates hit 18%

Housing today is nearly as unaffordable as it was in 1981 when mortgage rates hit 18%

Not only that, in terms of the mortgage burden, a median house today is almost as unaffordable as it was in 1981 when mortgage rates peaked at 18.39%—and more than 3x costlier compared to 1970:

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