Buying a house has gotten so expensive that homebuyers need to make about $50,000 more than they did pre-pandemic to afford one
Tippett’s Snippet:
Just how crazy has the housing market supply and demand game, coupled with high mortgage interest rates gotten? Borrowers now need $50,000 more in income on average to afford the same home just two years ago. Thank Russia everyone.
Click here for full original article, March 2, 2024 on Forbes.com