This Won't End Well...

Despite the prolonged yield curve inversion, the U.S. economy has held up, leading to one of the most expensive stock markets in history, rivaling 1929 and 1999, alongside a housing market with a record-high price-to-income ratio of 7.7, making homes twice as expensive as during the 1960s to 2000s.

[darrinkinney]

of course housing to 2X more expensive. all households are dual income. You weren't expecting the "market" to let that slide into savings - just inflation.

[DKify]

That cost has bloated much higher than pre 2008 😬

[YT-mpei]

Housing number doesn’t look like it’s adjusted to inflation. We all know personal income has lagged inflation

[ozhaver]

Yes historically expensive but what’s the relevance of 50 years ago? None. Were around the 5/10 year average p/e around 18/19 nothing special define not expensive

[tellsparck]

In the eighties, mortgage rates were in the teens, making housing as expensive as it is today.