Harvard: Crawl in Incomes Led to Unaffordability

Over the course of the past 30 years, Americans’ earnings and the economy have been on parallel paths, but at mismatched strides. Now, homebuyers are paying for it.
Affordability continues to be a headwind for housing, according to the Harvard University Joint Center for Housing Studies, which recently released The State of the Nation’s Housing, an annual barometer of the housing market in the U.S.
“By many metrics, the U.S. housing market in 2018 is on sound footing, but a num