Six figure salary or stay renting: Americans now need $114,000 a year to buy the median home, up 70% in just six years

“A homebuyer must earn $114,627 to afford the median-priced U.S. home, up 15% from a year ago and more than 50% since the start of the pandemic… That’s the highest annual income necessary to afford a home on record” https://investors.redfin.com/news-events/press-releases/detail/987/redfin-reports-that-homebuyers-must-earn-115000-to-afford …

READ MORE

Only 18% of single Americans make 100k or more, it now takes an income of 124k to buy the median priced home in America. Zillow CEO sounds alarm

It now takes an income of 124k to buy the median priced home in America. Only 18% of single Americans make 100k. 62% of homebuyers are married. Lower rates won’t fix family formation. See the problem? pic.twitter.com/4DO0rEKUTh — Cherrygarciafan. USD🏴‍☠️ …

READ MORE

MA Governor pays $30,000 to landlords to house migrants then the program fails them after giving more than most Americans ever get

A migrant mother in Boston received $30,000 through Governor Maura Healey’s HomeBASE program. She used it in under 10 months. The program was designed to last two years. She’s now asking for more help https://www.dailymail.co.uk/news/article-14969147/migrant-mom-complains-taxpayer-housing-handout-massachusetts.html The program requires families to …

READ MORE