News • 11 months ago

The 'old American Dream died,' Realtor details salary needed to buy a home, afford a middle class life in 2024

finance.yahoo.com

cross-posted to:
[email protected]

685

The 'old American Dream died,' Realtor details salary needed to buy a home, afford a middle class life in 2024

finance.yahoo.com

News • 11 months ago

cross-posted to:
[email protected]

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.

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Jo MiranOP
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fedilink
25•11 months ago
The source is an Orlando area Realtor who happens to have a TikTok.
- @[email protected]
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  fedilink
  8•11 months ago
  A local realtor doesn’t have the qualifications to make broad claims about income or affordability for the entire nation.

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