this post was submitted on 30 Mar 2024
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Economics

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Homebuyers need to earn 80% more than they did in 2020 to afford a home in today's market (finance.yahoo.com)
submitted 9 months ago by farcaster@lemmy.world to c/economics@lemmy.world
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[–] 3volver@lemmy.world 0 points 9 months ago

The housing market is stale as fuck, no one is buying and sellers aren't willing sell for reasonable prices. We're starting to see some short sales though which is a start.