An affordability nightmare:
— The Kobeissi Letter (@KobeissiLetter) September 25, 2025
It would take a -38% drop in home prices OR a +60% JUMP in household income JUST for affordability to go back to 2019 levels.
You must now make ~$113,000/year to afford the MEDIAN home in the US.
Will housing ever be affordable again?
(a thread) pic.twitter.com/4bM4ROuNWm
And 2019 was no banner year for affordability (lots of homeless even then)
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