Buying Typical US Home Now Requires Income of Over $100,000, Up 46% YoY (19 Straight Months Of Negative REAL Wage Growth Isn’t Helping)
by confoundedinterest17 Redfin had an interesting post where they showed that the “typical” US home now requires income of over $100,000. Of course, it is easy to blame the figure on rapidly rising mortgage rates and Federal Reserve tightening. But …