⚠️US housing affordability has never been worse
The difference between the income needed to buy a house in the US and the median income earned hit a historic high.
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The annual income needed to buy a house using a mortgage in the US hit a record $109,564. This has doubled in just 4 years. At the same time, the median income earned reached just $83,431, according to Reventure analysis.
The gap between the two has never been greater, not even during the 2006 housing bubble.
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