Debt to Income ratio for homebuyers (DTI) hits all time high in 2023

by
Sharing is Caring!

It is clear that home affordability is deteriorating rapidly, and this trend is likely to continue in the near future. This could lead to another housing market crash, as people are unable to keep up with their mortgage payments.

 

See also  Buffet said if you asked me to invest $25B for 1/4 of all farm land and $25B for 1/4 of all income properties he do it tomorrow. If you offered him 1/4 of all Bitcoin for $25dollars he wouldn’t do it. Best investor in history could be into something….
See also  Under Biden, federal debt interest surged from 20% to nearly half tax income! Fiscal reform is no longer optional; it is a necessity.

h/t  bawalibaba