The Pomp Letter
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Why No One Can Afford A Home In America Anymore
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Why No One Can Afford A Home In America Anymore

To investors,

Housing has become unaffordable. This sentiment is pervasive throughout the country, regardless of geographic region. But just how bad is it? Fortune’s Lance Lambert shared some scary statistics yesterday:

  • IF U.S. incomes spiked 69%, we'd return to pre-pandemic housing affordability levels.

  • IF U.S. home prices fell 41%, we'd return to pre-pa…

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