[OC] Median Housing Monthly Payment Affordability (1971-2022 - CPI adjusted)Submitted by Dont____Panic t3_yocaon in dataisbeautiful
Dont____Panic OP t1_ixzz27d wrote
Reply to comment by ThePandaRider in [OC] Median Housing Monthly Payment Affordability (1971-2022 - CPI adjusted) by Dont____Panic
Correct. The green shaded area simply has no meaning regardless. :-)
ThePandaRider t1_iy009pg wrote
The orange line represents the purchasing price. The purchasing price combined with the 30yr mortgage rates are used to calculate the monthly payment, the red line. The monthly payment is related to the monthly affordability. How do you not see something so obvious?
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