https://www.mercatus.org/tags/housing-affordability-series
Here is the latest:
"The Myth About Bubble Buyers"
A lot of this particular post will probably be familiar to long-time IW readers.
(F)or households 45 to 54 years in age, the homeownership rate in 1982, when the Census Bureau started tracking it annually, was 77.4 percent. It bottomed out at 74.8 percent in 1991 and then recovered to 77.2 percent at the peak in 2004. By 2017, it was down to 69.3 percent!…..
Rental expenses as a proportion of incomes (Figure 1), belie the conventional wisdom. The rental value of owned homes was more stable as a portion of owner income than the rental value of rented homes from the late 1990s to the mid-2000s. In other words, if there was an increase in relative spending on housing, it was among renters. The rental value of homeowners was rising in line with their incomes. There is no sign of marginal homebuyers being induced into homeownership and overconsumption.
If you are going to make reasonable conjectures and deductions about US housing markets---- well, what is the fun in that?
ReplyDeleteTo know more about Chief Dr Lucky you can visit his website (https://chiefdrluckyherbaltherapy.wordpress.com/)
ReplyDeleteA friend that suffered from Herpes and was cure with the help of this great herbal doctor Chief Lucky so i decided to contact him for help in getting rid of my families genital herpes virus 1/2 which i did and all i was told to provide was just some useful information and some materials used in preparation of the natural cure and that i did and now i am the happiest person on earth because i am writing this testimony of mine with joy and happiness in my heart to the whole world to know that natural remedy is real because i am a living testimony of Chief Lucky traditional herbal cure and i want you all to contact Chief Lucky via his email: chiefdrlucky@gmail.com or WhatsApp him +2348132777335 am sure he will help you too.
I saw your post The next post in my Mercatus series is on housing affordability. Yes, I have heard of it and yeah, I read your blog is very interesting. By the way, I was getting information about the best website to write my research paper from a friend at that time But your post has given me a lot to learn and understand Thanks for sharing it.
ReplyDelete