Tag: priced out

Housing Affordability Explained in One Pyramid

Filed in Economics, Housing Affordability, Trends by on March 10, 2021 8 Comments
Housing Affordability Explained in One Pyramid

NAHB economists calculated how many households have enough income to afford a home at various price thresholds, according to conventional underwriting standards. The housing affordability pyramid reveals that 56.5 million households out of a total of 122.9 million are unable to afford a $250,000 home.

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