If inflation is 3%, why do home buyers need to earn 80% more than they did in 2020 to afford a home in today’s market

Sharing is Caring!

finance.yahoo.com/news/homebuyers-need-to-earn-80-more-than-they-did-in-2020-to-afford-a-home-in-todays-market-090055980.html

They can redefine recession, change how and what CPI numbers measure, but they can’t redefine prices without actually putting more buying power into wallets. At the end of the day, manipulating reported numbers is just covering up for a problem that will get worse the longer it is swept under a rug instead of addressed in the open.

See also  Commodities spike to reignite inflation. Will food prices follow?

See also  This map shows how much you have to earn to afford rent in every state
Views: 173

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.