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☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 1 year ago

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

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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

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 1 year ago
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Here's how much money you need to make to afford a home
www.cbsnews.com
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It's 80% more expensive to be able to afford a home compared to 2020. Incomes haven't kept up.
  • Dagwood222@lemm.ee
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    1 year ago

    Compare that to 1960, when mi9nimum wage was $1.00/hour and the average house was $11,000.00.

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