Majority Of Americans Can No Longer Afford An Average House
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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%.
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.
This country is turning into a video to the Alan Jackson Song Rember When.