- Median income earners spent 41% of their pay on housing this year, up from 21% in 2012, per Redfin.
- Only Austin, Texas bucked the trend of declining affordability.
- In Anaheim and San Francisco, many homebuyers can expect to spend 80% of their income on housing.
Buying a home for many people has never been less affordable, according to a report by real estate company Redfin published Thursday.
A median income earner would need to spend 41% of their earnings on monthly housing costs if they'd bought a median-priced home, per Redfin's analysis.
That's close to double the level in 2012, when Redfin started collecting data, and a big jump from 31% just two years ago.