Nearly half of all renter households in the US were cost-burdened in 2023, meaning they paid more than 30% of their income towards housing costs, according to new government data.
No no we know people are buying houses. It’s just hard to compete when that person is Black Rock and they bought an entire development before it even hit the market.
You don’t need remotely close to that income level. 200k household income will get you a nice home at a reasonable price.
Oh yeah just 2.5 times the median household income, no problem. Hey while we’re here can I have a million dollar loan?
Never said it was inexpensive. It’s just not nearly as expensive as you all make it seem. 15% of the country does hit this number and 25% are close.
Y’all out pretending nobody is buying houses.
No no we know people are buying houses. It’s just hard to compete when that person is Black Rock and they bought an entire development before it even hit the market.