The Ultimate Truth about Housing Affordability

In December 2018 I wrote an article with the working title DA goes Post-Truth and Tribal. I say working title. due to the DA’s blocking of an affordable housing project in Salt River. What followed.

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The Ultimate Truth about Housing Affordability There have been many headlines decrying an "affordability crisis" in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means.

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Based on historic home affordability data, that means homes are more affordable right now than any other time besides the time following the housing crisis. With mortgage rates remaining low and wages finally increasing, we can see that it is MORE AFFORDABLE to purchase a home today than it was last year!

 · The Ultimate Truth about Housing Affordability. Posted on May 30, 2019 by Hilary Blaha. There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means..

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In a real estate market where home prices are rising, many have begun to reexamine the idea of buying a home, choosing instead, to rent for a while. But often, there is a dilemma: should you keep paying rent, knowing that rent is rising too, or should you lock in your housing cost and buy a home?

Affordable Housing Symposium: the Supply Crisis in California  · The Ultimate Truth about Housing Affordability. Posted by Dan Bennett on Thursday, May 30, 2019 at 7:00 AM By Dan Bennett / May 30, 2019 Comment. There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten.