Pulling Up The Drawbridge On Home Ownership!

Digital Finance Analytics (DFA) Blog

Oct 18 2023 | 00:09:40

00:00 / 00:09:40

Show Notes

One stunning chart which I keep coming back to is the change in income and home prices overtime. It shows simply that housing is becoming more and more unaffordable. We also know that more households have bigger mortgages and so are heavily exposed to higher rates, and that many will still have mortgages well into retirement. Our debt ratios are some of the most extreme across the world, as I have been reporting for years. Great for banks, as they reap interest payments, bad for society. In fact, I believe we are at the point where the drawbridge is being […]

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