There has never been a worse time to buy a home in the US:
— The Kobeissi Letter (@KobeissiLetter) June 27, 2024
The annual income needed to buy a median-value home in the US is now ~$115,000.
By comparison, the median household income is ~$75,000, a whopping $40,000 less than required.
The gap between income needed to buy a home… pic.twitter.com/NVm8E5nsok
Sigh
https://twitter.com/w_h_thompson/status/1889025101099598109