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.
They’re still not building enough, unfortunately. The largest generation of Americans has entered the housing market. Building 13,000 houses a year just isn’t very mcuh after decades of restriction and shortages.