Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: SeekAndFind

Majority Of Americans Can No Longer Afford An Average House

~~~

Probably still a Majority of Americans, but I Think a more accurate headline would be “first time home buyers’.

There is a significant portion of Americans who already have at least some equity in a current home, and could use its sale toward a new one, lowering the monthly payment on the new purchase and thus lowering the income requirement to stay under 30%.


5 posted on 08/30/2024 9:43:52 AM PDT by z3n (Kakistocracy)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: z3n
I remember our days of commuting 1.5 hours to and from work because we had housing affordability issues along with daycare and raising a family.

Once our kids were out and colleges were paid for, we lived five minutes from our jobs. A nice way to wind down our careers, mentor the best follow-ups, and enjoy life.

9 posted on 08/30/2024 9:53:03 AM PDT by blackdog ((Z28.310) Be careful what you say. Your refrigerator may be listening & reporting you.)
[ Post Reply | Private Reply | To 5 | View Replies ]

To: z3n

This country is turning into a video to the Alan Jackson Song Rember When.


15 posted on 08/30/2024 10:15:38 AM PDT by cnsmom
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson