Thursday , 22 March 2018

Tag Archives: median household income

Average American Can’t Afford To Own A House – Here’s Why


Regular home buyers are wondering why they are unable to partake in the American Dream of owning a home now that they actually have to document their income and put some skin in the game. The reason is that the current median selling price of $201,000 puts real estate out of reach for most Americans earning the typical $50,000 a year unless they go into massive levels of debt. They are too broke to own a home!

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