this post was submitted on 29 Jun 2025
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US Housing Affordability (substackcdn.com)
submitted 1 week ago* (last edited 1 week ago) by [email protected] to c/[email protected]
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[–] [email protected] 7 points 1 week ago* (last edited 1 week ago) (2 children)

Missouri is weird

None of that is around St Louis or Kansas City

I wonder what role property taxes play in this. Illinois has some of the highest property taxes in the country

[–] [email protected] 4 points 1 week ago (1 children)

The areas of Missouri are just low income. I'm from Kansas and I noticed a couple of our yellow counties are college towns.

[–] [email protected] 2 points 1 week ago

That is interesting

My mindset while looking at the graph is ridiculously out of control housing prices, but the inverse would also be true of low incomes as well

Certainly makes me feel for those where both situations are true

[–] [email protected] 11 points 1 week ago (1 children)

It's average home prices vs average wages. Things like property taxes and cost of living aren't included.

[–] [email protected] 4 points 1 week ago* (last edited 1 week ago)

That's what I was mostly interested in, how property taxes affect home values