Comments on: The Cost of Home Ownership

By: LoanModificationExpert

LoanModificationExpert — Mon, 17 May 2010 18:29:55 +0000

Nice to see this graph..I know there'll be a solution for mortgage problems.

By: The State Of Real Estate : For Realtors, Agents and Homeowners | Realtors Agents

Thu, 18 Feb 2010 06:19:20 +0000

[...] (click to enlarge) [...]

By: Another Sunday Personal Finance Roundup » JoeTaxpayer

Another Sunday Personal Finance Roundup » JoeTaxpayer — Sun, 31 Jan 2010 13:05:14 +0000

[...] Economics produced a series of Cost of Home Ownership charts which help to put the housing bubble in perspective. Yearly Income vs Housing Costs makes for a [...]

By: JoeTaxpayer

JoeTaxpayer — Sat, 23 Jan 2010 00:10:20 +0000

I’d love to see a chart of monthly income to monthly mortgage payment. Last chart has the data, but the scale is to dollars. A percent ratio scale would help people understand how it was easy to miss the bubble if you weren’t looking just right.

By: Buying a Home in America today is Expensive Thanks to the Banking Sector: Examining Income and Home Prices from 1950 to the Present. Can Home Prices Fall Another 38 Percent? | California Home Sales Solutions

Wed, 06 Jan 2010 03:45:20 +0000

[...] Source: Visual Economics [...]

By: Buying a Home in America today is Expensive Thanks to the Banking Sector: Examining Income and Home Prices from 1950 to the Present. Can Home Prices Fall Another 38 Percent?

Tue, 05 Jan 2010 08:48:37 +0000

[...] Source: Visual Economics [...]

By: Trudy

Trudy — Sat, 26 Dec 2009 07:43:35 +0000

the graph seems inaccurate .. in 1975 with an income of $32,000, our house in the most costly town of CT cost $70k. The same (SMALL) house now valued at $800k would require a comparable income of over $160k .. not a bargain!

By: Norman

Norman — Sat, 12 Dec 2009 03:44:48 +0000

Tell Barry that 1) As he has pointed out in the past the cost of renting is a fictious number as home owners are asked what they’d rent their house for which, of course, very few actually do. And 2) The Fed has housing value numbers in their recently produced ‘flow of funds’ report.

As for me, the mortgage payment data puts all of the house price vs various economic numbers to shame. Bully for you!!

By: AngryTechnician

AngryTechnician — Wed, 25 Nov 2009 19:24:47 +0000

I’d love to see the same graph for the United Kingdom. My guess is it would not paint nearly as rosy a picture of the current homeowning situation.

By: Barry Ritholtz

Barry Ritholtz — Wed, 25 Nov 2009 14:28:26 +0000

Great chart — I would have liked to see 2 additional data points:

1) Cost of owning vs renting

2) Capitalization of Housing as a % of GDP