this post was submitted on 24 Jul 2023
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United States | News & Politics

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Homebuyer Debt-to-Income Ratios (DTIs) are now approaching 40% in the beginning of 2023. That means homebuyers are now spending 40% of their gross income on mortgage and interest costs. (nitter.net)
submitted 1 year ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[–] Fredselfish@lemmy.ml 4 points 1 year ago

The bubble will pop and government will bail out the banks and again fuck the people.