Mike Simonsen on the housing affordability crisis
HousingWire Daily
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Exploring the Housing Affordability Crisis: Income, Prices, and Inventory Dynamics
This chapter explores the widening gap between income levels and home prices, emphasizing the impact of taxation structures on housing markets, particularly in Texas and California. It also examines the price to income ratio and the effects of inventory levels on home prices, highlighting how low inventory contributes to prolonged unaffordability.
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