Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
W S
The Ticker

A place that makes New York real estate look cheap

/ Print / Reprints /
| Share More
/ Text Size+

Beijing leads the pack in expensive housing. Similarly priced markets abound all over China, and other parts of Asia.

As you can see, the median house price in New York was equal to 6.2 years’ worth of the median pretax household income in 2011. The most comparable data we have for an array of Chinese cities — suggests that homes in New York are a steal compared to those in urban parts of the Middle Kingdom.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus