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When Houses Outrun Paychecks: The Lost Decades of Housing Affordability


Abstract: An analysis of housing and household income data from 2000 to 2023 finds that in most U.S. counties, the cost of buying a house has outpaced local incomes.

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2026-02-12