@return2ozma to News • 10 months agoHousing is now unaffordable for a record half of all U.S. renters, study findswww.npr.orgmessage-square44arrow-up1293arrow-down14cross-posted to: aboringdystopia
arrow-up1289arrow-down1external-linkHousing is now unaffordable for a record half of all U.S. renters, study findswww.npr.org@return2ozma to News • 10 months agomessage-square44cross-posted to: aboringdystopia
minus-square@Wrenchlink4•10 months agoAnd housing prices have double in many cases. And interest rates have soared. If you were to take out a traditional loan with 20% down today vs 5 years ago on the same property, you’d be very lucky if your monthly mortgage was only 60% more.
And housing prices have double in many cases. And interest rates have soared.
If you were to take out a traditional loan with 20% down today vs 5 years ago on the same property, you’d be very lucky if your monthly mortgage was only 60% more.