With housing taking up so much income, it’s no surprise income needs to be that high to live comfortably. https://t.co/54chaQOUr6
— Reef Insights (@ReefInsights) August 20, 2024
Shocking stat of the day:
A record 8.5% of homes in the United States are now worth $1 million or more.
Over the last 4 years, this share has more than doubled.
According to Redfin estimates, 8 million homes were worth over $1 million in June 2024, up from 7.2 million in June… pic.twitter.com/te7iTCCGau
— The Kobeissi Letter (@KobeissiLetter) August 20, 2024