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You need almost double the median household income to buy a house
The average cost of buying a house in the US is now $2,405 a month. In order to do that, a homebuyer would need an annual salary of $119,500 — nearly double the actual median household income of $64,240.
Housing costs have just hit a ‘new record’: Here’s what that adds up to |
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You are low, this article has it at over $2,500 per month.:icon_wink: Housing affordability drops to the lowest level since 1984 - MarketWatch |
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