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RE: LeoThread 2024-07-13 21:08

in LeoFinance • last year

do housing prices drop in the US?

Here is a shocking stat:

Median income in 2004: $42,500
Median Home Price 2004: $184,000
4.3 times your income

Median Income 2024: $54,000
Median Home Price 2024:$532,000
9.8 times your income❗️

That represents a 190% increase in the cost of housing compared to 29% jump in income.👀

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     last year  

    Gotta love urbanization. Everyone packing into the same area.

    We will see some areas have prices fall while others raise.

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     last year  

    I have no clue about the usa housing market but do you think it's a bubble or they will keep increasing?

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