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"The U.S. Housing Boom Is Coming to an End, Starting in Dallas"

By HEYYOU following x   2018 Nov 30, 5:18pm 679 views   1 comments   watch   nsfw   quote     share    

https://www.wsj.com/articles/the-u-s-housing-boom-is-coming-to-an-end-starting-in-dallas-1543248073
1   AD   ignore (0)   2018 Nov 30, 10:59pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Yep, the bottom line affordability metric is price to income ratio. It is about 5 when mortgage rates are very low and 3 when they are high. Property taxes , hoa fees and insurance are factored in as well.

Everything returns to the mean.

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