The Worsening State of Mortgage Affordability in 2021
Credit Corp
JUNE 11, 2021
It’s also the only city on the list where homeowners have spent over 40% of their income on mortgage in both 2010 and 2015. Looking at the top 15 most cost-burdened cities in 2020, it’s perhaps no surprise that California holds the lion’s share, with 10 entries. The Problem with Rising Home Prices.
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