The whole analysis is completely bogus, both overly rosy (leaving out state and local taxes) and overly dire, since the “typical Joe” raising two kids alone probably rents or owns a cheap starter home, rather than owning a median priced home.
I own a cheaper starter condo, but the monthly fees get outrageous. Hard to find people that are not paying at least 1,000 a month if they bought after the late 90’s.
“since the “typical Joe” raising two kids alone probably rents or owns a cheap starter home, rather than owning a median priced home.”
Median priced means median income. It isn’t the more wealthy buying median homes.