Monthly mortgage payments represent 93% of income

May 31, 2022 9:29 am by IWB

According to The Economist, in Santa Cruz, monthly mortgage payments represent 93% of income.

Am I reading this right? #housing #inflation pic.twitter.com/JNrZcWUlCH

— Michael A. Gayed, CFA (@leadlagreport) May 31, 2022