Guess what happens at 10%?
2008 will look like a housing boom. https://t.co/MCBXEJOoZH
— The Great Martis (@great_martis) October 30, 2024
‼️US HOUSING AFFORDABILITY IS AN ABSOLUTE CRISIS‼️
An average mortgage payment to afford a house in the US is ~$2,800 a month, near an ALL-TIME HIGH.
To put this into perspective, at the peak of the 2006 Housing Bubble it was $1,525 or 46% LESS.
This housing market is insane. pic.twitter.com/2LBA0sIauk
— Global Markets Investor (@GlobalMktObserv) October 24, 2024