Comment on Price correction "worse than 2008" coming to US housing market—analyst
HeyThisIsntTheYMCA@lemmy.world 6 months agoIn 1970, the median home price was around $24,000 ($207,000ish adjusting for inflation). Median home price is now $425,000. So house prices have increased about twice the speed of inflation. Meaning we’d need at least 50 years of stagnant prices. I’d take that too.