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The US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec says

finance.yahoo.com The US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec says

To hit pre-pandemic affordability, either US incomes must spike, home prices have to crash 35%, or mortgage rates must come down.

The US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec says
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