#debtdeflation
#debtdeflation
The chart below 👇 is still applicable. It would still take a -38% drop in home prices OR a +60% JUMP in household income JUST for affordability to go back to 2019 levels.
The chart below 👇 is still applicable. It would still take a -38% drop in home prices OR a +60% JUMP in household income JUST for affordability to go back to 2019 levels.
#debtdeflation
#debtdeflation