Mortgage payments now make up 40% of the average household income – the highest levels in over 30 years
By the classic rule of keeping payments under a third of income, about 70% of Americans today can’t afford a mortgage
Housing affordability is at a breaking point pic.twitter.com/qwn079KFPb
— Bravos Research (@bravosresearch) February 27, 2025
Bank of America holds 600bn USD of MBS and CMBS in its “hold to maturity” books at 100 – “nothing to see here” https://t.co/pq0EAi2ZCu
— JustDario 🏊♂️ (@DarioCpx) February 28, 2025