ATLANTA:
You’d have to earn at least $24,391 to buy an average home.
Average home price: $142,400
Monthly mortgage payment: $569.12
This is a joke, right?
I LOVE your handle!
I see you agree that the 17th was the beginning of the end for the USA!
RE: This is a joke, right?
You might want to check the home prices of Atlanta over the years here:
http://www.deptofnumbers.com/asking-prices/georgia/atlanta/
Our median price is $700,000.00
Insanity !
.
Without a $75,000 down payment or 1% interest, it’s not a joke, it’s Bull Muffins
ATLANTA:
Youd have to earn at least $24,391 to buy an average home.
Average home price: $142,400
Monthly mortgage payment: $569.12
This is a joke, right?
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Recipe for disaster!
Add home insurance, utilities, maintenance, etc., and the buyer will be spending 45-50% of annual gross income! Housing costs should seldom be greater than 20%, IMO.