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Title: The map that reveals the American dream is over?
Source: [None]
URL Source: ... alary-needed-buy-home-76K.html
Published: Aug 5, 2022
Author: Staff
Post Date: 2022-08-05 09:46:38 by Horse
Keywords: None
Views: 128
Comments: 5

Salary needed to buy the median US home is now $76K - and the typical family cannot afford a house in 35 of country's 50 biggest cities

A family making the median national income can no longer afford the typical house in 35 of the country's 50 biggest cities, according to a new study.

Based on home price data from the first quarter of the year, the salary needed to afford the median US home stood at almost $76,000 - roughly $8,500 more than the typical household actually makes, according to an analysis from Visual Capitalism.

The study found that San Jose leads the nation in unaffordable homes, with the median home priced at $1,875,000, requiring a salary of at least $330,758 to afford the expected monthly payments of $7,718.

The top four markets for median home prices were all in California, with San Francisco, San Diego and Los Angeles following San Jose.

New York City ranked seventh on the list with a median home price of $578,100 requiring an annual salary of $129,458. The Big Apple ranked slightly below Boston, where an income of $130,203 is needed to afford the typical home price of $639,000.

Meanwhile, the median household income across the country stood at just $67,500, which would be enough to afford the typical home in only 15 of the cities on the list.

Poster Comment:

The average rent in the US is $2,000 a month. 15% of all renters are about to be evicted because they can't pay the rent. That was never a problem before the US became over crowded through legal and illegal immigration.

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Begin Trace Mode for Comment # 3.

#1. To: Horse (#0)

"Let me issue and control a nation's money supply, and I care not who makes its laws." (Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty)...

"I believe that banking institutions are more dangerous to our liberties than standing armies ... If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." (Thomas Jefferson, 1743-1826)

Hamilton argued that the while the Constitution states that while no single state government can create paper currency, there is no wording preventing the federal government from doing so.

In the end, George Washington signed the bank bill into law on April 25, 1791 for a 20-year charter. In the first five years of operation, the American government borrowed $8.2 million and prices rose by 72%....

America's Forgotten War Against the Central Banks

AllTheKings'HorsesWontDoIt  posted on  2022-08-05   13:00:45 ET  Reply   Untrace   Trace   Private Reply  

#2. To: AllTheKings'HorsesWontDoIt (#1)

Andrew Jackson is the only President to leave office with zero federal debt. He knew and hated the international bankers.

Lod  posted on  2022-08-05   13:59:17 ET  Reply   Untrace   Trace   Private Reply  

#3. To: Lod (#2)

Andrew Jackson is the only President to leave office with zero federal debt. He knew and hated the international bankers.

That's what I was telling my husband a week or two ago.

Someone had sent him an email about them taking Jackson off the $20 bill. I said Good! Jackson would never have wanted to be there in the first place. Told him his tombstone read "I killed the Bank."

AllTheKings'HorsesWontDoIt  posted on  2022-08-05   14:10:58 ET  Reply   Untrace   Trace   Private Reply  

Replies to Comment # 3.

#4. To: AllTheKings'HorsesWontDoIt (#3)

"I killed the Bank."

"You are a den of vipers and thieves and by the Almighty I shall rout you out." ;)

BTP Holdings  posted on  2022-08-05 17:33:27 ET  Reply   Untrace   Trace   Private Reply  

End Trace Mode for Comment # 3.

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