15 Cities Where Home Prices Have Grown Faster Than Income

This story originally appeared on Construction Coverage. Despite decades of record-setting home sales, owning a home has become increasingly difficult for the average worker. Mortgage interest rates are historically low, yet hourly earnings have failed to keep pace with rising housing costs. Data from the federal government indicates that although earnings for production and nonsupervisory workers…

Original Article Posted at : https://www.moneytalksnews.com/slideshows/15-cities-where-housing-costs-have-risen-fastest-relative-to-income/