US Housing Market May Finally See Relief As Foreign Buyers, Illegals And Airbnbs Disappear One of the most detrimental consequences of the stagflationary surge in the US since 2020 was the meteoric rise in housing prices, from rentals to purchases to mortgages, across all markets. At present the cost of housing stands at around 30% of the average American’s income, with home prices and rentals seeing at least a 60% increase in only 5 years. In high traffic markets the prices have jumped far higher. Inflation in fixed expenses like housing, utilities, gasoline, food, etc. directly reduce disposable income which… — Continue at ZeroHedge News : Read More
