United States | News & Politics

7382 readers

196 users here now

founded 4 years ago

MODERATORS

Americans must earn roughly $106,500 to comfortably afford a typical home, a significant increase from the $59,000 annual household income that put homeownership within reach for families in 2020. (www.cbsnews.com)

submitted 10 months ago by yogthos@lemmy.ml to c/usa@lemmy.ml

11 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] octopus_ink@lemmy.ml 6 points 10 months ago

I think there are MANY places it's not buying a typical home. IANARealEstateExpert but I would bet there are specific areas of the country with a very depressed housing market that are bringing the average down by a bit.

permalink
fedilink
source
parent