Orlando realtor Freddie Smith discusses how owning a home and living a typical middle class life has become increasingly unattainable for most millennials and older Gen Z.

cross-posted from: https://lemmy.ml/post/10623652

TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.

  • Boinkage@lemmy.worldEnglish
    12·
    11 months ago

    These homes in my area are around $250 -$300k. Is it possible… You live in a relatively inexpensive place compared to the rest of the country? But that would mean… What is true for your immediate area and personal experience isn’t true for the entire country… No, that can’t be right, that would mean that one person in a small inexpensive town isn’t the arbiter of real estate truth in this country.