Posted on Nov 10, 2021

Home prices are now rising much faster than incomes, studies show

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"After accounting for inflation, home prices have jumped 118% since 1965, while income has only increased by 15%, according to a separate report by online brokerage Clever Real Estate, based on Census data."

Home prices are now rising much faster than incomes, studies show

Posted from cnbc.com

Posted in these groups: Income logo

Posted 3 y ago

Responses: 2

SSgt Ray Stone

Posted 3 y ago

I believe experts are advising those in the market to buy homes from previous owners due to inflation and also cause they foresee another housing market crash similar to 2007-08

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CSM Chuck Stafford

Posted 3 y ago

My income has risen considerably more than 15% since the mid-80s, then again, I've got sweat equity to show for those gains.

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Home prices are now rising much faster than incomes, studies show

Home prices are now rising much faster than incomes, studies show

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