Home price to income ratios are now above 4.5x and at their highest levels since the 1950s.
— The Kobeissi Letter (@KobeissiLetter) September 23, 2023
Even in the 2008 financial crisis, home price to income ratios did not cross 4.5x.
This means that home price to income ratios are the same as the post-WW2 era in the US.
The median… pic.twitter.com/QzM6pHq4z2
You tell em brother
https://twitter.com/TONYxTWO/status/1878973554676609493