Homeowners work 110 hours per month to afford their mortgages
Completely unsustainable. Fed is to blame for manipulating the interest rates for decades. “the typical home buyer in October paid 77 percent more on their loan, per month, than they would have last year, according to Realtor.com.” https://www.nytimes.com/2022/11/04/realestate/housing-market-interest-rates.html AC