Quote:
Originally Posted by Flash Walken
That's the freakin' issue.
Most of the country is making an income within 10k of that figure.
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I'd love to see some stats on income of home buyers vs home price. And for the amount of people that own two or more homes, are the people who are making the average income actually the ones buying half the homes in the country? Doubtful.
I can't even imagine anyone making 30-40k could qualify for a mortgage. And in areas where 20-40k salaries are more common, I'd have to think home prices are not half a million plus.