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Updated about 1 year ago,

User Stats

159
Posts
63
Votes
Justin Brin
  • Investor
  • Los Angeles, CA
63
Votes |
159
Posts

House cost vs income issue

Justin Brin
  • Investor
  • Los Angeles, CA
Posted

If you look on the median house cost vs median income you notice an issue.

House median cost is going up exponentially while income is only going up linearly.

What this means? Only the rich will be able to buy an house? Only rich investors will be able to go into real estate investments? 

Data source:

Median House price: https://fred.stlouisfed.org/series/MSPUS#0

Median income: https://www.census.gov/data/tables/time-series/demo/income-p...

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