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The Stedding

@TheStedding

A community interested in distributed ownership of real estate on the blockchain DMs open Official Link: https://xitter.cf/t.co/MxSRRQzGKp

thestedding.xyz
Joined September 2022
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  • Followers16
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The Stedding retweeted
Nick Gerli (@nickgerli1) profile picture
Nick Gerli
@nickgerli121 Apr 2023
The fundamental problem in today's Housing Market is simple: Home Prices are growing way faster than Incomes. Real Home Prices up +102% since 1970. Real Incomes only up +26%. Something changed starting in early 2000s.
Image from Nick Gerli (@nickgerli1)
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To afford a $500,000 home in the US, a person would need to make $140,000 a year, per MarketWatch. Real median household income in the US was $70,784 as of 2021.
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The Stedding retweeted
Matrin.eth (@MatrinEth) profile picture
Matrin.eth@MatrinEth5 Apr 2023
Home affordability is at 2007 levels If you want to buy a home it may be time to wait What you need to know about the housing market⬇️
https://www.atlantafed.org/center-for-housing-and-policy/data-and-tools/home-ownership-affordability-monitor

ALT https://www.atlantafed.org/center-for-housing-and-policy/data-and-tools/home-ownership-affordability-monitor

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