Many of my posts have chronicled the soaring cost of housing and resulting difficulty that many people face in acquiring a home. The problem is particularly acute for first time buyers, 49% of whom report requiring family assistance to make the necessary down...
My recent blog, Unaffordable, focused on the ratio of the median home price to average household income which rose from 3.5 in 1985 to 5.8 today making homeownership increasingly unattainable for many. I recently came across data illustrating that this problem is particularly...
