Charted: American Income vs. Home Prices (1985–2025)

This chart is bogus – from a source that ought to know better. Do you see the problem?

Average home sizes are very different, not including numerous other changes in home quality during this time span.

When adjusted for square feet – and only for square feet and not other changes – the price to income ratio is far smaller.

Home price to income ratio normalized by square feet
Home price to income ratio normalized by square feet

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