Birdwatch Note Rating
2023-07-07 23:36:53 UTC - HELPFUL
Rated by Participant: 1BD6CD1AD591566419FF683359B3FCEF1B3AE9B6BF80B7800C6B511849AF0931
Participant Details
Original Note:
Home prices have outpaced inflation https://homebay.com/inflation-housing-market/ average wages have not increased in spending power in nearly 30 years https://www.pewresearch.org/short-reads/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ Interest rates are higher and across the board home ownership is on the decline. It is absolutely not easier to buy a house today. https://www.abc.net.au/news/2022-05-19/housing-buy-home-millennial-boomer-interest-rates-prices/101060862
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