Growing Pains for Home Prices
Could valuations stagnate for years?
I’ve been working on an article about the ‘buy versus rent decision’ for the past week. It’s melting my brain. In the meantime, here is one facet of the question I’ve been grappling with—the relative pricing of home purchases compared to rents and incomes. TLDR: it doesn’t look great for home prices.
My dad has a photo of himself as a 10-year-o…