This is the least affordable housing market since 1984. It's getting worse
The last time America’s housing market was this unaffordable, Ronald Reagan was in the White House.
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The last time America’s housing market was this unaffordable, Ronald Reagan was in the White House.
Housing affordability has hit its lowest level since 1984 as house prices remain high despite record-high interest rates.
It now takes nearly 41% of the median household’s monthly income to cover the principal and interest payments on a median-priced home, according to research from Intercontinental Exchange.
New York (CNN) — The last time America’s housing market was this unaffordable, Ronald Reagan was in the White House.It now takes nearly 41% of the<a class="excerpt-read-more" href="https://whdh.com/news/this-is-the-least-affordable-housing-market-since-1984-its-getting-worse/">Read More</a>
The last time America’s housing market was this unaffordable, Ronald Reagan was in the White House.