US Households Must Earn Nearly $108,000 to Afford a Median-Priced Home: Report
By Naveen Athrappully Housing affordability has dropped considerably in major American metros, according to the latest data published by Oxford Economics in a Nov. 11 report, which adds that only about a third of households earn enough income to afford a property. The report analyzed the income needed by households from 173 U.S. metros to afford a median-priced single-family home and pay…
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