How much should your family’s income be to be able to afford your own home?

Have you heard of the House Affordability Index?

For today’s episode, Ken discusses the housing affordability complex and how the calculation occurs. He also touches on the topics of how supply and demand, as well as the rising interest rates, impact housing affordability.

Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and help them earn better yields with less risk by investing Off Wall Street.

 

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Show Notes

  • Can real estate keep going up and up? – 1:34
  • The housing affordability index and how the calculation occurs. – 2:34
  • The biggest thing that could have an impact on real estate for this year and moving forward. – 3:30
  • The other thing that could have a huge impact on the supply and demand. – 3:50
  • Trying the Affordability Calculator from Zillow. – 5:03
  • Ken’s version of the housing affordability index. – 11:08


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