Uno on Nostr: BREAKING: Median cost to buy a house hits a new record of $2,748/mo, up a MASSIVE 90% ...
BREAKING: Median cost to buy a house hits a new record of $2,748/mo, up a MASSIVE 90% since 2020.
In other words, buying a house today costs nearly $33,000 per year.
This is 46% of the median PRE-TAX household income in the US.
Post-tax, homebuyers in the US are spending nearly 70% of their income on home payments.
Meanwhile, the median monthly apartment rent just hit a fresh record of $1,859/mo.
How has it become to difficult to have a place to live?
In other words, buying a house today costs nearly $33,000 per year.
This is 46% of the median PRE-TAX household income in the US.
Post-tax, homebuyers in the US are spending nearly 70% of their income on home payments.
Meanwhile, the median monthly apartment rent just hit a fresh record of $1,859/mo.
How has it become to difficult to have a place to live?