Here’s Why House Prices Are So Expensive — It’s Not the Reason You Think

<p>Any person who has desired to purchase a home will attest that doing so is becoming increasingly difficult.</p> <p>The question is, why?</p> <p>It&rsquo;s complex is the answer. To explain, firstly, if you look at the data, it would seem that the older generations have not per se had it better.</p> <p>For example, in the US, for 2023, the average property has cost&nbsp;<a href="https://www.longtermtrends.net/home-price-median-annual-income-ratio/" rel="noopener ugc nofollow" target="_blank">7&ndash;9 times</a>&nbsp;the median national wage, yet in 1947, the average property cost 15 times the median national wage.</p> <p><a href="https://medium.com/the-knowledge-of-freedom/heres-why-house-prices-are-so-expensive-it-s-not-the-reason-you-think-7dbfa0556b0a"><strong>Visit Now</strong></a></p>
Tags: House Prices