The mortgage payment to buy a median-priced home is now $2,649 — a new all-time high

Property taxes, insurance, and general home upkeep are not included and for many are more than the mortgage itself. And those costs absolutely increase over time.

See also Americans face 7%+ mortgages, 4.2%+ inflation, and a 30% weaker dollar than in 2020. The basic American life now costs about 40% more income than it did in 2001

See also We will not do anything until we receive payment of $12 billion. Nothing happens until cash is released. ‘We have not agreed to open Hormuz without tolls.’

h/t TonyLiberty