Over $100,000 Income Required to Buy a Median-Priced American Home
By Naveen Athrappully U.S. citizens need to make over $100,000 a year to buy a median-priced home, with the income needed to qualify to purchase a home jumping almost 50 percent over the past four years. “A combination of high mortgage rates, rising home prices, and low housing inventory over the last two years is pushing homeownership further out of reach for would-be homeowners…
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