return2ozma@lemmy.world to News@lemmy.world · 9 months agoHousing is now unaffordable for a record half of all U.S. renters, study findswww.npr.orgexternal-linkmessage-square44fedilinkarrow-up1293arrow-down14cross-posted to: aboringdystopia@lemmy.world
arrow-up1289arrow-down1external-linkHousing is now unaffordable for a record half of all U.S. renters, study findswww.npr.orgreturn2ozma@lemmy.world to News@lemmy.world · 9 months agomessage-square44fedilinkcross-posted to: aboringdystopia@lemmy.world
minus-squareWrench@lemmy.worldlinkfedilinkarrow-up4·9 months agoAnd housing prices have double in many cases. And interest rates have soared. If you were to take out a traditional loan with 20% down today vs 5 years ago on the same property, you’d be very lucky if your monthly mortgage was only 60% more.
And housing prices have double in many cases. And interest rates have soared.
If you were to take out a traditional loan with 20% down today vs 5 years ago on the same property, you’d be very lucky if your monthly mortgage was only 60% more.