{"id":1645,"date":"2015-08-11T00:26:43","date_gmt":"2015-08-11T00:26:43","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=1645"},"modified":"2015-08-11T00:26:43","modified_gmt":"2015-08-11T00:26:43","slug":"the-affordability-gap","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2015\/08\/11\/the-affordability-gap\/","title":{"rendered":"THE AFFORDABILITY GAP"},"content":{"rendered":"<p>Texas&#8217; median home price typically increases about 4% per year, bUt has increased 24% between 2012 &#8211; 2014 and may show that much increase in 2015.\u00a0 During the same period, Texas nominal household income rose just 11.2%, less than half the ratE of increase of the median home price.\u00a0 This\u00a0 shows a widening gap between home price and nominal household income, so a decline in the affordability of Texas homes.\u00a0 As the gap widens, households are forced to pay a higher multiple of income for home.\u00a0 MORE TO COME!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texas&#8217; median home price typically increases about 4% per year, bUt has increased 24% between 2012 &#8211; 2014 and may show that much increase in 2015.\u00a0 During the same period, Texas nominal household income rose just 11.2%, less than half the ratE of increase of the median home price.\u00a0 This\u00a0 shows a widening gap between [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1645"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=1645"}],"version-history":[{"count":1,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1645\/revisions"}],"predecessor-version":[{"id":1646,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1645\/revisions\/1646"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=1645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=1645"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=1645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}