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O Neill Says Price of a House Not a Major Problem
Former House and Home editor Richard O Neill tells Omaha builders that Americans can still afford new homes. He notes housing costs take a modest income percentage and mortgage payments around 15 of income, with rates rising modestly, while existing homes sell briskly and starts rise.
MENTIONED IN THIS ARTICLE
Omaha
House and Home Magazine
Richard O'Neill
Housing Advisory Council Ltd
Lakeview, Conn
O’neill
O'Neill