Real Estate Market Is Broken

#shorts #short #valuetainment #patrickbetdavid

Income to average price of home that's Sold meaning if I'm making a hundred Thousand dollars and the average house That was selling is two hundred thousand Dollars that's what two times right okay Typically this number historically in America has been at three and a half Times four times you know what it was on Oh eight in oh wait it was eight times Do you know what it is today eight and a Half times so what is that telling you Listen these people cannot afford eight And a half times The few of us can the average person Making 60k they cannot afford a 500 000 House right that's what the number is Foreign [Music]

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