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.

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

  • EveningPancakes@lemm.ee
    0·
    10 months ago

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

    Maybe in the middle of nowhere America. Meanwhile my wife and I make well above that in Los Angeles and we can’t afford the monthly on a two bedroom house in a sketchy neighborhood.

    • RedFox@infosec.pub
      0·
      10 months ago

      So why do people live there?

      All I ever heard is how absurd the cost of living is in Cali, is the weather really that good?