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In it's latest report, the Black Knight Mortgage Monitor confuses affordability with payment stress and fails to make an apples-to-apples comparison when determining homes are «more affordable» today than in the period 1995-2003. Nonetheless, thAmerican Dream Re-Collapses: US Housing Least Affordable In A Decade
In it's latest report, the Black Knight Mortgage Monitor confuses affordability with payment stress and fails to make an apples-to-apples comparison when determining homes are «more affordable» today than in the period 1995-2003. Nonetheless, the report is interesting for what it does show. I am passing on a number of suggestions to them as to how to make the report better. Read more