Thursday, November 26, 2009

Charts of home ownership costs

The Cost of Home Ownership (US)

"The last three years have seen a significant drop in the cost of housing in the United States, bringing prices back down from once astronomical levels.."

Posted by micasasucasa @ 11:55 PM (1125 views)
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One thought on “Charts of home ownership costs

  • brickormortis says:

    Am I stating the obvious (which has not been stated enough) that over the past 30 years of so, interest rates of been declining and as they have, house prices have risen. Prices are now maxed and interest rates are now minned. Excepting all other arguments, is there not only one way to reverse this situation? I guess what I am saying is that house price rises were the inevitable consequence of falling interest rates over time. The only problem is they couldn’t fall forever adn nowat their historical lows, we still can’t support the housing market.

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