Btw, San Francisco's price-to-income ratio on housing is 9.1 today, compared to 4.3 in 1979, according to Zillow.pic.twitter.com/IfI0Fbz5PA
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@laurencerowe sure. But once you factor that, then what? Do you still think it's even with affordability 40 years ago?
@kimmaicutler monthly payments will be about the same, but first time buyers are screwed as deposit is much larger.
@laurencerowe we need a dynamic calculator for this.
@kimmaicutler home ownership in such markets now requires access to parental wealth to reach first rung of the ladder.
@laurencerowe @kimmaicutler still attainable to highly frugal dual professional income... For now...
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