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December 30, 2005
Housing More Affordable?
Reality check on housing prices, please.
According to this article in the New York Times, housing prices take up less of a families income, percentage-wise, than in previous generations. I guess they haven’t seen the Denver market where housing prices are up 350% since the mid nineties while incomes are up only around 40%. One of these days something is going to have to give, and I think it is the housing market. Get out while you can!
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Posted on December 30, 2005 04:40 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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