TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
Mr Realtor can blame his own industry for a good portion of the problem.
Blame SFR
What is SFR?
Single Family Real Estate. It is buying single family homes as an investment.