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diego jones
Fox Business
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Comments by "diego jones" (@diegojines-us9pc) on "Home ownership is getting 'less and less attainable': NAHB CEO" video.
average monthly income for 1970. $840 average monthly mortgage for 1970. $130 or 15% average monthly income for 2023. $4800 average monthly mortgage for 2023. $2050 or 23% average sq ft of a home in 1970. 1500sq ft average sq ft of a home in 2023. 2000 sq ft why cant we buy homes? we pay 7% more of income for them. but we are buying 25% bigger ones. so the same home still cost us the same percentage of income. so the number shows one thing. we are spending way too much money on other than housing. its not the market. its our greed for thins other than housing. too many min payment plans going on leaving nothing for housing. but fox say panic. why????
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@Googleistheantichrist will an average isnt you household, your neighbors. or friends or workers. since they are a group that tends to stick together. it other people and other parts of your city and other towns. and if you look up any official records you would see the prices and incomes match what i wrote. not what you think. what is so hard to believe. the average person making $27 a hour? or the average home going for 325K? ask around, outside the apartments or trailer parks.
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