Home › Forums › Housing › The worlds best loan › Wages are still lagging
Wages are still lagging (real) inflation by a significant amount. And RE inflation by an even more significant amount.
Real Estate Inflation ? That notion is so 2005.
Let’s look at more recent times:
In the past year home prices have dropped by 5% (per Case-Shiller) and incomes have risen by 4% (per brsharma’s post above)
Wage-to-price ratio for homes just corrected 9% nationwide the past 12 months.
