i always heard the adage home price = 2X annual salary of the people who life there. I suppose with really low interest rates that could go up to 3X.
someone told me 6X at one point in 2020!
i just don't see where all the people who can afford such houses are coming from. so IMO, the house prices in most places will all have to fall relative to median income.
Goji berra / Gar bear
npub1g4…ltqvs
2024-11-07 10:54:58
in reply to nevent1q…xnnv
Author Public Key
npub1g49uyac6d83sss7sln8aumsstle7m3wxwwvc8mmpqsnr8e9f2cdq6ltqvsPublished at
2024-11-07 10:54:58Event JSON
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