One of the reasons the current housing market is so frustrating for homebuyers is how quickly things have changed. For years, housing prices were reasonable (in most places) while mortgage rates were low. Housing was affordable for most buyers. It’s not anymore. I updated the growth of housing prices and disposable income going back to 1975: The growth in prices was far below the growth in disposable income for muc...

source: https://awealthofcommonsense.com/2024/02/where-is-housing-still-affordable/