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re: Topic for younger couples (30-35)
Posted on 4/15/24 at 2:01 pm to lionward2014
Posted on 4/15/24 at 2:01 pm to lionward2014
quote:
They can easily live on one salary, but clearly they want a standard of living that isn't conducive to that. Can't have your cake and eat it too.
Your math ain't mathing. What do you think this is? 2019 or something?
quote:
Now, Americans must earn roughly $106,500 in order to comfortably afford a typical home, a significant increase from the $59,000 annual household income that put homeownership within reach for families in 2020, according to new research from digital real estate company Zillow.
I imagine if you live in Houston Metro, Austin, DFW, that dollar figure average is much higher
This post was edited on 4/15/24 at 2:03 pm
2
Posted on 4/15/24 at 2:16 pm to lowhound
quote:
Now, Americans must earn roughly $106,500 in order to comfortably afford a typical home, a significant increase from the $59,000 annual household income that put homeownership within reach for families in 2020, according to new research from digital real estate company Zillow.
This generation should stop bitching and just tighten those bootstraps!
Posted on 4/15/24 at 2:43 pm to lowhound
quote:
Your math ain't mathing. What do you think this is? 2019 or something?
quote:
Now, Americans must earn roughly $106,500 in order to comfortably afford a typical home, a significant increase from the $59,000 annual household income that put homeownership within reach for families in 2020, according to new research from digital real estate company Zillow.
That's kind of my point. You COULD make it work if the salary is what OP mentioned, but that doesn't mean it will be glamorous. It's a crappy catch-22 that for most good paying jobs you have to live in an area with a higher cost of living making that good salary less.
Very lucky my wife has a good paying job that is fully WFH and we have a solid childcare situation. We could make life work on just one of our salaries, but it would suck.
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