this post was submitted on 08 Oct 2023
120 points (92.3% liked)

United States | News & Politics

7114 readers
408 users here now

founded 4 years ago
MODERATORS
pangyuehung@lemmy.ml
yogthos@lemmy.ml
120
The US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec says (finance.yahoo.com)
submitted 11 months ago by yogthos@lemmy.ml to c/usa@lemmy.ml
22 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] trailing9@lemmy.ml 1 points 11 months ago

Yes. Now offer more land and the right to use prefabricated elements. Then somebody will figure out a way to create housing with low margins.