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In the second quarter of 2020 the house price to income ratio in the u s.
Income vs housing prices. Since the 1960s however the difference between home prices and income has nearly doubled. Home prices are increasing twice as fast as income growth published tue mar 13 2018 9 20 am edt updated tue mar 13 2018 9 20 am edt matthew j. Amounted to 102 1 percent. The recommended ratio of a house price to your yearly income.
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