What’s Happened to Housing Affordability?
Posted on 05/16/2013 by Rodney Harrell | Senior Strategic Policy Advisor | Comments
Home & Family | Money & Savings | Public Policy InstituteThe National Association of Realtors announced earlier this year that its Housing Affordability Index shows 2012 was a record year for housing affordability. Subsequently, articles appeared in the media with titles such as “Housing Today Is More Affordable Than at Any Time in History” and “2012 a Banner Year for Housing Affordability, Industry Group Says.” In addition, I’ve seen TV reports that continue to note how affordable housing has become. All of these are at odds with study findings presented …
