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                            <video:player_loc>https://www.youtube.com/watch?v=yUVdbqLXUqg&amp;t=121s</video:player_loc>
                            <video:title>The U.S. Census Bureau just doomed the Housing Market.</video:title>
                            <video:description>The US Census Bureau just reported 2024 income figures and the typical household in America earned $83,730, which was a modest increase over last year. In the last 5 years, median household income has increased only 21.9%. Meanwhile, house prices have gone up almost 50%. The resulting Home Price/Income Ratio in the U.S. is now at the highest level ever, suggesting that the bubble is getting even bigger. When will it pop? Find out using data at  https://www.reventure.app

The current Home / Price Incom Ratio in the U.S. is 4.36, based on Zillow's home value index and the Census Median Income from 2024. That's 40% above the long-term average baseline of 3.10, showing just how big a bubble we're in the right. People simply cannot afford homes, their incomes aren't high enough, and the cost to buy with a mortgage is up almost 90% the last 5 years. 

All these data points suggest the housing market is on unstable footing in 2025. And that home values could correct heavily in coming years if income growth does not catch up. The US Census data is fairly consistent historically: values trend towards incomes. 
---
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