Cost of Home Ownership

With Case Shiller out later today, its as good a time as any to take a look at what the actual cost of home ownership is.

The current Fed policy of ultra low rates, have made ownership costs on a monthly basis appear cheap. However, the most important ratio — median annual Income to Housing costs — shows that prices still remains elevated at at 363% versus the prior decade ratio of 300-325%.


via Visual Economics

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