TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
Maybe in the middle of nowhere America. Meanwhile my wife and I make well above that in Los Angeles and we can’t afford the monthly on a two bedroom house in a sketchy neighborhood.
SF Bay Area, $125k a year, I gave up on buying a house. I’ll just inherit my parents’ when they die, thanks.
Most people’s parents will end up selling their home to pay for cruise ships, and or palliative care.
Shhh, don’t take this away from me
So why do people live there?
All I ever heard is how absurd the cost of living is in Cali, is the weather really that good?