This doesn’t take into account interest rate. Homes were cheaper in the 1980s because nobody could afford a mortgage at 10% or more
Housing was actually easier to finance after the housing crash because of 0% interest rates and lots of foreclosed real estate. That is, if you didn’t lose your job due to the financial crisis
This doesn’t take into account interest rate. Homes were cheaper in the 1980s because nobody could afford a mortgage at 10% or more
Housing was actually easier to finance after the housing crash because of 0% interest rates and lots of foreclosed real estate. That is, if you didn’t lose your job due to the financial crisis