Nick Gerhli - Biggest Housing Bubble in US History
A friendly reminder that we are in the biggest housing bubble of all-time.
— Nick Gerli (@nickgerli1) August 26, 2024
Inflation-adjusted home prices today are almost 100% higher than the long-term, 130-year average.
Only 2x in US history where this has ever happened: 2006 and right now.
Note how from 1890 to 2000,… pic.twitter.com/Ll0NL4wVhP
Thursday, May 2, 2024
Wednesday, May 1, 2024
Post from Peter St Onge, Ph.D. (@profstonge)
Peter St Onge, Ph.D. (@profstonge) posted at 5:32 AM on Mon, Apr 29, 2024:
Housing costs hit new record of $2,775 per month.
That's almost double since the pandemic -- and the inflation.
Housing costs are now nearly half of median family income -- for housing alone.
As a result, it now takes $110,871 in annual income just to qualify for the median… https://t.co/UGzspD42BD
(https://x.com/profstonge/status/1784923790952042970?t=x7bA5-fuQZ0-9n1q3719fw&s=03)
Housing costs hit new record of $2,775 per month.
That's almost double since the pandemic -- and the inflation.
Housing costs are now nearly half of median family income -- for housing alone.
As a result, it now takes $110,871 in annual income just to qualify for the median… https://t.co/UGzspD42BD
(https://x.com/profstonge/status/1784923790952042970?t=x7bA5-fuQZ0-9n1q3719fw&s=03)
Monday, April 29, 2024
Saturday, April 27, 2024
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