Four charts that perfectly illustrate the housing affordability crisis
By: Jeff Andrews | Published: 2025-06-24 16:02:00 | Source: www.housingwire.com
Dan McCue, a researcher with JCHS, says the overarching theme of the 2025 report is uncertainty, whether it be on federal funding for housing assistance programs or the direction of interest rates.
“The affordability challenges have not eased over the past year, and a cloud of uncertainty has rolled in and added to the elements of concern,” he said. “A down payment is a significant barrier, the mortgage payment has priced out a lot of potential owners who can’t afford those monthly housing costs.”
Price-to-income ratios have skyrocketed
Rising home prices wouldn’t be such a problem if wages were rising at the same pace, but they’re not. That’s painfully evident in the data for price-to-income ratios in the 100 largest metro areas in the country.
In 1990,…
