Tag Page affordability

Is Homeownership Still a Dream?

Thinking about buying a house? Brace yourself: in 47 out of 50 big U.S. cities, you’ll need to spend way more than the old-school 30% of your income just to afford a typical home. Only Pittsburgh, Detroit, and St. Louis still fit the budget-friendly bill. For everyone else, sticker shock is real—especially in places like LA or NYC, where a mortgage can eat up most of your paycheck. Unless more affordable homes pop up, that white picket fence may stay a dream for many. #housingmarket #homebuying #affordability #RealEstate