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Yuritopiaposadism [none/use name]@hexbear.net to traingang@hexbear.netEnglish · 4 months ago

We may be looking at the housing affordability crisis all wrong. Higher earners are driving home prices, not lack of supply, researchers say | Fortune

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We may be looking at the housing affordability crisis all wrong. Higher earners are driving home prices, not lack of supply, researchers say | Fortune

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Yuritopiaposadism [none/use name]@hexbear.net to traingang@hexbear.netEnglish · 4 months ago
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Rather than a lack of supply, housing affordability "may primarily be about differences in income growth at the top of the distribution relative to the middle."
  • chgxvjh [he/him, comrade/them]@hexbear.net
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    4 months ago

    Commodification of housing is driving house prices. It’s not like higher earners want to pay as much as they can possibly afford for homes.

    • chgxvjh [he/him, comrade/them]@hexbear.net
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      4 months ago

      Honestly kind of incredible to show a graph like this

      solid line "house prices index" goes up until somewhere between 2005 and 2010 then crashes until somewhere between 2010 and 2015 then continues to go up

      and not mention the 2008 financial crisis once. That must have taken a lot of restraint.

      • Assian_Candor [comrade/them]@hexbear.net
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        4 months ago

        Couldn’t be more disingenuous

        Show percentiles cowards

        • vovchik_ilich@hexbear.net
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          7 days ago

          deleted by creator

          • rubber_chicken [he/him]@hexbear.net
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            4 months ago

            I think your "mean"s should be " median"s.

            • vovchik_ilich@hexbear.net
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              deleted by creator

          • Assian_Candor [comrade/them]@hexbear.net
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            4 months ago

            It would not surprise me if even the 90th percentile lags

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