re: #147 windsagio

Altho’ we need less of that in general. The American mania with owning a house is a blight.

it depends on the house. I was boring my fellow lizards here yesterday with a study I’m making of the cost of housing (home ownership) here in the US, using census data. Overall, the median new house, as a multiple of median income, as increased from 3X median income to closer to 5X median income over the past 40 or so years.

I’m working now to calculate median mortgage payments as a percentage of monthly take-home, to check my suspicions in that regard, but it does appear that we’re spending a larger portion of our income on our houses.