The historical average is 50 to 60%. Always has been. The figure rose when anyone could buy a home regardless fo income but we are getting back to where you actually have to qualify based upon real income. Is it so hard to understand that the bottom 10% of earners dont buy the bottom 10% of homes price wise. They live in section 8/subsidized housing. Just continue from there up and should be able to make the connection. if not, I’m wasting my time trying to explain.
